Aeternum Capital acquires shares from Addnode Group's main owner Aretro Capital
Addnode Group has been informed that Aeternum Capital AS ("Aeternum Capital") has acquired 285,000 Class B shares and 115,000 Class A shares in Addnode Group AB ("Addnode Group") from the main owner Aretro Capital Group AB ("Aretro Capital").
After the transaction, Aretro Capital owns 510,332 Class A shares and 1,299,624 Class B shares, corresponding to 5.4 percent of the capital and 15.1 percent of the votes in Addnode Group.
Aeternum is a long-term and active owner that invests in listed and unlisted companies in the Nordic region. The investment strategy is based on an active ownership model to drive sustainable value creation in small and medium-sized companies with profitable growth. Foundations founded by John Fredriksen on behalf of the shipowner’s family are responsible for the initial investment in the investment company Aeternum Capital, which is managed independently by Aeternum Management.
Aretro Capital, is owned jointly by Staffan Hanstorp, Addnode Group's Chairman of the Board and Jonas Gejer, Vice President Business Development, Addnode Group.
“We will continue to take responsibility as main owner of Addnode Group, and we support the long-term strategic direction that is established by Addnode Group's board and management”, says Staffan Hanstorp.
“After over 20 years, Addnode Group is still our long-term project. With Aeternum, we get another active long-term owner who wants to be involved in developing the Addnode Group”, Staffan Hanstorp continues.
“Addnode Group is a company I have followed for a long time, both as an owner and as a member of the nomination committee when representing my previous employer. Aeternum as an owner can in the long term contribute even more actively to the company's development and we are humbled that we get the opportunity to become a major owner by buying both A and B shares. We support the corporate culture and entrepreneurship that the founders and management have created in Addnode Group and look forward to the continuation”, says Vegard Søraunet, Investment Director at Aeternum Capital.
Following the transaction, Aeternum Capital owns 115,000 Class A shares and 994,000 Class B shares, corresponding to 3.3 percent of the capital and 5.0 percent of the votes in Addnode Group.
For more information, please contact:
Christina Rinman, Head of Corporate Communication and Sustainability, Addnode Group
Phone: +46 (0) 709 711 213
E-mail: christina.rinman@addnodegroup.com
About Addnode Group
About Addnode Group Addnode Group acquires, operates and develops entrepreneur-driven companies that supply software and digital services to markets in which the group have or can achieve a leading position. We are one of Europe's leading suppliers of software and services for design, construction and product data information, and a leading supplier of document and case management systems to public sector clients in Sweden.
We are 1,800 employees in Sweden, UK, Germany, Australia, Austria, Canada, Denmark, Finland, France, India, Japan, Netherlands, Norway, Serbia, Slovakia, and USA. Net sales in 2020 amounted to SEK 3.8 billion. Addnode Group's Series B share is listed on Nasdaq Stockholm. For more information, please visit: www.addnodegroup.com