HELSINKI – Enento Group Plc’s Board of Directors has appointed Teppo Paavola (born 1967) as the new Chief Executive Officer of Enento Group. He will start in the position on 7 January 2026. Paavola will succeed interim CEO Elina Stråhlman, who will continue in her role as the company’s CFO. Teppo Paavola brings deep experience…
Category: Nasdaq Nordic
Corporate announcement by companies listed on Nasdaq Nordic
ZetaDisplay acquires Swedish-based digital signage integrator Ubiq
STOCKHOLM: ZetaDisplay today announced the acquisition of Swedish-based digital signage integrator Ubiq, a move that further strengthens its position in the domestic market and expands its creative and technical capabilities across key customer verticals. The acquisition, made with Ubiq parent company WOBI AB, represents a bolt-on to ZetaDisplay’s Swedish operations and is designed to strengthen…
Hexatronic acquires U.S. based Communication Zone for up to $24 million
STOCKHOLM: Hexatronic Group AB has acquired Communication Zone Inc., a company based in Chicago, Illinois, US. The enterprise value is USD 20.4 million, with a potential earnout of an additional USD 3.5 million, which corresponds to an EV/EBITDA multiple of 5.1-6.0x. Communication Zone is a leading data installation and service partner, offering services across various…
Vimian Group appoints Alireza Tajbakhsh as CEO
STOCKHOLM: Vimian Group AB appoints Alireza Tajbakhsh as Chief Executive Officer, effective today, a statement said. Alireza Tajbakhsh joined Vimian in 2021 and is currently Head of the Veterinary Services segment and interim Head of the MedTech segment in Vimian. Alireza Tajbakhsh (42) brings extensive international leadership experience from fast-growing entrepreneurial companies in the media…
Sprint Bioscience sells the TREX1 program to Gilead for up to USD 400 million
STOCKHOLM: Sprint Bioscience AB (publ) today announces the sale of its TREX1 cancer program to Gilead Sciences, Inc. The agreement includes an upfront payment of USD 14 million, as well as potential clinical, regulatory, and commercial milestone payments totaling up to USD 400 million. “We are pleased to enter into this agreement with Gilead, whom…
Clas Ohlson to invest $40 million in Swedish logistics hub for future growth
STOCKHOLM – Swedish retailer Clas Ohlson said on Tuesday it will invest 400-450 million Swedish crowns ($38-43 million) to upgrade its main distribution centre, betting on automation to fuel long-term growth in both store and online sales. The board-approved investment will modernise the company’s logistics hub in Insjön, Dalarna, the town where it was founded over…
FLSmidth & Co. CEO Mikko Keto to step down
STOCKHOLM – FLSmidth & Co. A/S (FLSmidth) today announced that Chief Executive Officer, Mikko Keto, has informed the Board of Directors of his decision to step down from his position to assume an executive role with a non-competing company. Mikko Keto will continue in his current capacity in the coming months to ensure business continuity,…
Essity to acquire Edgewell’s feminine care brands for $340 million
STOCKHOLM – Global hygiene and health company Essity announced Thursday it has entered into an agreement to acquire the North American feminine care business of Edgewell Personal Care for $340 million in a move to significantly expand its market share in the United States. The acquisition includes the well-known brands Carefree, Stayfree, and o.b. in the…
Sweden’s MedCap posts strong quarterly profit on acquisitions and organic growth
STOCKHOLM: Swedish medical technology and life sciences investor MedCap AB on Friday reported a 32% rise in its third-quarter adjusted core earnings, driven by robust organic growth and contributions from recent acquisitions. The company, which buys and develops small- and medium-sized life science companies, said adjusted earnings before interest, taxes and amortisation (EBITA) rose to…
Apetit Plc to acquire Sweden’s largest frozen pea producer Foodhills AB
HELSINKI: Finnish food company Apetit Plc said on Thursday it has agreed to acquire Sweden-based frozen pea producer Foodhills AB, in a move aimed at strengthening its Nordic footprint and boosting its vegetable-based food operations. The deal, expected to close by Nov. 30 pending regulatory approval from Sweden’s Inspektionen för strategiska produkter (ISP), will see…
Fragbite Group to sell Playdigious SAS for EUR 10.5 million
STOCKHOLM: Fragbite Group AB has today signed an agreement to divest all its shares in subsidiary Playdigious SAS for a consideration of EUR 10.5 million, corresponding to approximately SEK 115 million, on a cash-free, debt-free basis. The net consideration is paid in cash. In addition, Fragbite Group obtains 90 percent of the net revenue from…
CoinShares to acquire Bastion Asset Management to expand digital asset capabilities
LONDON: CoinShares International Limited, the leading European asset manager specializing in digital assets with US$10 billion in AuM, today announced the acquisition of Bastion Asset Management Limited, a London-based, FCA-regulated crypto-focused alternative investment manager. The acquisition significantly strengthens CoinShares’ actively managed capabilities, as the firm continues its evolution into a comprehensive digital asset management platform….