Formica Capital is investing in the fast-growing wooden house manufacturer Nock Massiva Trähus to enable continued expansion. Nock is one of few Swedish suppliers of apartment buildings through industrialized production in solid wood, which provides climate-positive homes of high quality. Nock is Formica’s fifth investment in the shift to more sustainable housing. In addition to the founders of Nock, the investment company NEA Partners and the founders of Nordika Fastigheter are among shareholders. In 2021, Nock expects sales of around SEK 170 million, a growth of over 300%.
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