Aivo to merge with Mashie
Monterro’s portfolio company Mashie will merge with Aivo and create the leading Nordic supplier of systems and services for meal planning and production within restaurants and large-scale kitchens.
Monterro’s portfolio company Mashie will merge with Aivo and create the leading Nordic supplier of systems and services for meal planning and production within restaurants and large-scale kitchens.
Monterro 1 AB has finalised an investment in Palette Software & Consulting AB, a leading supplier of solutions for Purchase to Pay. The founders will remain as majority shareholders and will continue to be active in the company.
We are happy to welcome two new companies to our portfolio! Monterro has reached an agreement to acquire 100% of the shares in Grade and Mashie.
Monterro has reached an agreement to acquire Lundalogik AB, a leading Nordic supplier in the field of customer relationship management systems (CRM).
Through holding company Monterro 1A AB, Monterro is becoming the largest shareholder in Nasdaq OMX-listed Tradedoubler by acquiring 18.1 percent of the company’s shares.
The company, which is headquartered in Stockholm, Sweden, with offices in the US, has been competing with industry giants such as Oracle and IBM since start-up in 2006. Today, Axiomatics solutions are utilized by everything from Fortune 50 companies to national health authorities and universities.
The funding will be led by Swedish technology investment firm Monterro, a Stockholm based investme