M&A Deal Summary

MIMIR Acquires Modus

On October 8, 2021, private equity firm MIMIR acquired construction company Modus from Moelven

Acquisition Highlights
  • This is MIMIR’s 2nd transaction in the Construction sector.
  • This is MIMIR’s 4th transaction in Sweden.

M&A Deal Summary

Date 2021-10-08
Target Modus
Sector Construction
Buyer(s) MIMIR
Sellers(s) Moelven
Deal Type Divestiture

Target

Modus

Stockholm, Sweden
Modus solutions create rooms that are more affordable and faster to assemble compared to site-built solutions.

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Buyer(S) 1

Buyer
DESCRIPTION

MIMIR is an investment group that acquires non-core business units of larger corporations as well as private companies that need operationally oriented ownership. Broad areas of interest include manufacturing, industrials, pharma & chemicals, medical devices, software, hardware, and paper/pulp. MIMIR was established in 2016 and is headquartered in Stockholm, Sweden.


DEAL STATS #
Overall 9 of 11
Sector: Construction M&A 2 of 2
Type: Divestiture M&A Deals 6 of 8
Country: Sweden M&A 4 of 4
Year: 2021 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-08 Hulåns Snickerifabrik

Dala‑Järna, Sweden

Hulåns Snickerifabrik is a manufacturer of high‑quality interior/fitted furnishings (“fast inredning”) for offices, schools, stores etc. The production includes multiple stages: carpentry, painting, assembly. They also produce windows historically, but more recently the focus is on interior fittings. Hulåns Snickerifabrik is based in Dala‑Järna, Sweden.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-31 Lindemann

Düsseldorf, Germany

Lindemann designs, develops, and produces machinery and facilities for the scrap and metal processing industry, automotive industry as well as foundries, steel mills and metal producing industry. Lindemann was founded in 1913 and is based in Düsseldorf, Germany.

Buy -

Seller(S) 1

SELLER

Moelven

Moelv, Norway

Category Company
Sector Building Materials
Employees3,350
Revenue 11.0B NOK (2020)
DESCRIPTION

Moelven is an industrial group that produces building products and systems for the construction industry. Moelven is based in Moelv, Norway.


DEAL STATS #
Overall 2 of 2
Sector: Construction M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
Country: Sweden M&A 2 of 2
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-08 Hulåns Snickerifabrik

Dala‑Järna, Sweden

Hulåns Snickerifabrik is a manufacturer of high‑quality interior/fitted furnishings (“fast inredning”) for offices, schools, stores etc. The production includes multiple stages: carpentry, painting, assembly. They also produce windows historically, but more recently the focus is on interior fittings. Hulåns Snickerifabrik is based in Dala‑Järna, Sweden.

Sell -