Monday 4 March 2019
Karnell has acquired 60% of the shares in Simrishamn-based SimFAS Sweden AB. The sellers are two private owners. The remaining shares are owned by Roger Axmon and temporary CEO Sten Christiansson.
“Together we will make SimFAS a leading white label manufacturer of fillers, adhesives and sealants in the Nordic region.” says Roger Axmon, board member of SimFAS.
“Simfas is a relatively small quality player in a large market. We believe that SimFAS has a good potential to grow thanks to the company’s innovative, environmentally profiled products and top modern filler production plant.” says Hans Karlander, partner at Karnell.
In conjunction with the acquisition, Karnell adds two board members to SimFAS, Hans Karlander and Peter Carrick.
For further information please contact:
Hans Karlander
Karnell
hans.karlander@karnell.se
+46 70 531 66 05
Roger Axmon
SimFAS Sweden AB
roger.axmon@djurgardeninvest.se
+46 70 559 71 96
About SimFAS:
SimFAS was founded in southern Sweden in Simrishamn in the mid ‘70s under the name Adheseal. The company manufactures fillers, adhesives and sealants in its production plant in Simrishamn. The company currently produces 6,500 tons per annum. The company has 32 employees and a turnover of SEK 90m. For further information, see www.simfas.se
About Karnell:
Karnell is an investment company that invests in small and medium-sized Nordic companies. Through its investment companies K3 and K4, Karnell currently owns seven companies. For more information, see www.karnell.se.
