Investment Summary

Formica Capital Invests In Polarium

On October 18, 2022, family office Formica Capital invested in electrical equipment company Polarium

Investment Highlights
  • This is Formica Capital’s 2nd transaction in the Electrical Equipment sector.
  • This is Formica Capital’s 5th transaction in Sweden.

Investment Summary

Date 2022-10-18
Target Polarium
Sector Electrical Equipment
Investor(s) Formica Capital
Deal Type Stake Purchase

Target

Polarium

Stockholm, Sweden
Polarium is a provider of energy storage developer. We make energy storage and optimization solutions built on lithium-ion battery technology for businesses within telecom, commercial and industrial facilities across the world. Polarium was founded in 2015 and is based in Stockholm, Sweden.

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Investor(S) 1

DESCRIPTION

Formica is a family investment company with a long-term investment perspective, driving performance under a strong sustainability agenda in both investment selection as well as in its active ownership model. Formica’s investments lie within a range from around SEK 50 Million to SEK 700 Million. Formica Capital was founded in 2018 and is headquartered in Gothenburg, Sweden.


DEAL STATS #
Overall 9 of 11
Sector (Electrical Equipment) 2 of 2
Type (Stake Purchase) 1 of 1
Country (Sweden) 5 of 7
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-22 Nock

Alvangen, Sweden

Nock delivers prefabricated apartment buildings, offices, and buildings for the public environment. Nock has its own production of prefabricated apartment buildings in CLT wood outside Gothenburg. Nock builds modularly in CLT wood, which provides energy- and cost-efficient houses built from sustainable materials. Nock was founded in 2018 and is based in Alvangen, Sweden.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-08 C-Resiliens

Stockholm, Sweden

C-Resiliens is a Swedish cyber security company that develops turnkey and user-friendly digital solutions for security-sensitive operations. C-Resiliens was founded in 2022 and is based in Stockholm, Sweden.

Buy -