M&A Deal Summary

Altor Equity Partners Acquires Permascand

On February 12, 2024, private equity firm Altor Equity Partners acquired manufacturer Permascand

Acquisition Highlights
  • This is Altor Equity Partners’ 3rd transaction in the Manufacturing sector.
  • This is Altor Equity Partners’ 45th transaction in Sweden.

M&A Deal Summary

Date 2024-02-12
Target Permascand
Sector Manufacturing
Buyer(s) Altor Equity Partners
Deal Type Going Private

Target

Permascand

Ljungaverk, Sweden
Permascand is an engineering and manufacturing company across the business areas of electrochemical process technology, water treatment systems and welded equipment & components. Permascand was founded in 1971 and is based in Ljungaverk, Sweden.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Altor Equity Partners

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2003
PE ASSETS 8.3B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Altor Equity Partners is a private equity firm that looks to principally invest in medium-sized Nordic based companies across a broad range of industries. Altor typically seeks control positions when investing. Prospective companies generally have revenues of €50 to €500 million. Broad areas of interest include healthcare services, electronics, technology, financial services, business services, niche manufacturing, capital equipment, software, marine, consumer products, and communications. Altor Equity Partners was formed in 2003 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 95 of 99
Sector: Manufacturing M&A 3 of 3
Type: Going Private M&A Deals 2 of 2
Country: Sweden M&A 45 of 46
Year: 2024 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-13 Eleda

Stockholm, Sweden

Eleda is an expansive group focusing small to medium-sized civil engineering and transmission infrastructure projects and services across a wide range of sectors including waterworks, road works, energy works, and data centers. The group currently includes Akeab, KEWAB, Mark & Energibyggarna, and Salboheds Bygg & Anläggningstjänster. Eleda was founded in 2017 and is based in Stockholm, Sweden.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-04 Circulose

Stockholm, Sweden

Circulose is a textile recycling company. The Company has a patented process to produce Circulose, a dissolving pulp made 100% from cellulose-based textile waste and is currently the only closed-loop recycled textile player at scale. Circulose was founded in 2012 and is based in Stockholm, Sweden.

Buy -