Add-on Acquisition • Consumer Products

Vinnova Acquires GearWheel AB

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

Acquisition Context

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

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

Target Company

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 Overview 1

Buyer

Vinnova

Stockholm, Sweden

Category	Company
Founded	2001
Sector	Business Services
Employees	200

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 Context for Buyer	#
Overall	1 of 1
Sector: Consumer Products	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Sweden	1 of 1
Year: 2014	1 of 1

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