News. 26/01/04

Thermia AB changes owners

Press Release, Stockholm and Arvika

Procuritas Capital Investors III acquires all of the shares in the Swedish manufacturer of heating products Thermia AB. The company has a turnover of 460 MSEK and is a leading manufacturer of heat pumps and boilers, with production in Arvika, Sweden, and Saarijärvi, Finland.

Thermia has a strong position within its various markets. Thermia is a leading producer of heat pumps and boilers for private homes and commercial buildíngs in the Nordic region, and has started a European expansion.

– We are impressed by the fast growth and increased profitability the company has shown the last couple of years, as well as the high technical standard of the products the company offers. We aim to continue the fast expansion internationally and strengthen the market positions in both Sweden and Finland, the company’s main markets, says Hans Wikse, Director, Procuritas Partners KB, advisor to Procuritas Capital Investors III.

Thermia AB, with 330 employees, has production of heat pumps in Arvika, Sweden, and boilers and burners in Saarijärvi, Finland.

– It is good for us to get as strong owner, with a long-term perspective, as Procuritas Capital Investors III, which is prepared to continue to support the company. The resources and the competence that our new owner can provide us with will give us the possibility to continue to improve our market position and continue our growth, says Mats Bergsjö, CEO of Thermia.

Procuritas Capital Investors III acquires all of the shares in Thermia. The previous owners include Industrifonden, Arbustum Invest and Componenta Oy.

– We view the future of Thermia very favourably. With Procuritas Capital Investors III as the owner, the company will be in a good position to continue its strong development and international expansion, says Lars Öjefors, CEO of Industrifonden.

Procuritas Capital Investors III is a private equity fund focused on mid-sized companies in the Nordic region. The Fund’s investors include, among others, Nordea Liv, Sampo and Statoil. The fund is advised by Procuritas Partners KB.

For questions, please contact:

Thermia’s CEO Mats Bergsjö, tel. +46 70 248 13 87, or
Procuritas Capital Investors III, Peter Toyberg, tel. +45 33 91 87 00

More news.

04/02/25

Strandberg Guitars appoints Markus Engelbrekts as new CEO

Strandberg Guitars is pleased to announce the appointment of Markus Engelbrekts as the new CEO, succeeding Mikaela Jansson. Markus Engelbrekts will officially join the company on February 1st, 2025. Strandberg Guitars, known for its innovative designs and high-quality instruments, is the worldwide market leader in headless guitars, under the .strandberg* brand. The company’s commitment to...

 31/01/25

Procuritas announces promotions

Procuritas, the mid-market Nordic private equity investor, is pleased to announce two promotions within the team. Kenneth Christensen, Head of Financing, has been promoted to Partner at the firm. Since joining Procuritas in 2018, Kenneth has led and supported debt financing activities in both new and existing investments. With over 17 years of experience within...

 30/01/25

We Select appoints Alexandra Vult von Steyern as CEO and Eric Matsgård as Chairperson

Procuritas is pleased to announce the appointment of Alexandra Vult von Steyern as CEO and Eric Matsgård as Chairperson of the Board to the We Select group. Both bring a wealth of experience in digital business and leadership, positioning the company for continued innovation and growth in the digital talent acquisition space. Alexandra Vult von...