Oy Orthex Ab, a portfolio company of Intera Fund I managed by Intera Equity Partners, acquires 100% of the shares in Swedish Sveico AB. Sveico is one of the leading producers of kitchen utensils in the Nordic region. Intera’s portfolio company Orthex grows through a merger with Sveico AB, the leading Swedish producer of kitchen utensils. The revenue of the combined entity will be approx. EUR 25 million and the number of employees will amount to over 130. The merger with Sveico is a part of Orthex’s strategy to become a leading North European supplier of affordable household products.
Keystone Advisers acted as advisor to the seller Volati in the transaction.
Keystone Advisers is a fully independent Corporate Finance firm offering advice related to mergers and acquisitions (M&A), divestitures, as well as various financing arrangements. The firm has advised on approximately 140 transactions to a variety of different clients in a number of sectors since the inception in 2000. Keystone Advisers is a Partner owned firm and where the founders have experience from Investment Banking and Management Consulting from some of the largest global institutions. We are a team of 12 Corporate Finance professionals at the Stockholm office and in addition we have an own organization in the Baltic countries. Keystone Advisers aims to be the leading mid-market M&A advisory firm in the Swedish market.