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  5. Vinnova Acquires GearWheel AB

M&A Deal Summary

Vinnova Acquires GearWheel AB

On March 18, 2014, Vinnova acquired consumer products company GearWheel AB

Acquisition Highlights
  • This is Vinnova’s 1st transaction in the Consumer Products sector.
  • This is Vinnova’s 1st transaction in Sweden.

M&A Deal Summary
Date 2014-03-18
Target GearWheel AB
Sector Consumer Products
Buyer(s) Vinnova
Deal Type Add-on Acquisition

Target

GearWheel AB

Vasteras, Sweden
Gearwheel AB is a designer and developer of mechanically-adjustable wheelchair wheelchair for manual wheelchairs. GearWheel was formed in 2006 and is based in Vasteras, Sweden.

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Buyer(S) 1

Buyer

Vinnova

Stockholm, Sweden
Category Company
Founded 2001
Sector Business Services
Employees200
DESCRIPTION

Vinnova is a Swedish government agency working under the Ministry of Enterprise, Energy and Communications and acts as the national contact agency for the EU Framework Programme for R&D. Vinnova was formed in 2001 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 1 of 1
Sector: Consumer Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2014 M&A 1 of 1
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