Acquisition, Domestic deal, Private equity deal – Buyout
Karnell has on 31 March 2022, acquired a majority of the shares in Drivex AB (www.drivex.se). Drivex develops and manufactures attachments primarily for wheel loaders and had sales of 136 MSEK in 2021 with EBITA of 15 MSEK. The company’s existing owners will continue as shareholders together with Drivex’s CEO Lars Lindgren. The intention is to continue develop the business in Edsbyn, where the company is based, and grow together with existing and new customers.
Click here to read the press release
Target – Drivex AB
Buyer – Karnell Group AB (publ)
