News - 3/4 - Mimir Invest AB

Carve-out from Epiroc

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Acquisition of Geotechnical drilling consumables from Epiroc

STOCKHOLM (11 June 2019). MIMIR INVEST AB, a global investment firm acquiring mature and growing companies, today announces its acquisition of Epiroc AB’s (STO:EPI A) geotechnical consumables product line.

With manufacturing sites in Scotland, Finland and the United States, the geotechnical drilling consumables product line is a global market leader providing primarily down-the-hole hammers and related drill bits and casing advancement systems. Its customers are found in the infrastructure, construction, oil & gas and scientific industries.

Acquisition of Saint-Gobain companies in the Nordics

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Carve-out from Saint Gobain S.A.

STOCKHOLM (10 January 2019). MIMIR INVEST AB, a global investment firm acquiring mature and growing companies, today announces the acquisition of Glassolutions Sweden and Norway from Saint-Gobain S.A. (EPA: SGO).

Headquartered in Sweden and Norway, the businesses are leading manufacturers and distributors of niche glass products. The combined businesses has historically delivered an annual turnover of €35 million and today employs 170 people.

Acquisition of Recion from Caverion

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Carve-out from Caverion Corporation

HELSINKI & STOCKHOLM (23 November 2018). MIMIR INVEST AB, a global investment firm acquiring mature and growing companies, today announces the acquisition of assets forming the Project Piping business, part of Caverion Corporation’s (HEL:CAV1V) division Industrial Solutions.

Headquartered in Helsinki (Finland), the business is the leading Nordic provider of infrastructure design, engineering, manufacturing and installation of pressure piping and pressure vessels for power plants, industrial facilities and other end markets. The business offers an end to end engineering solution with delivery capability across Europe, employing 324 people while offering significant manufacturing capacity. Project Piping has EUR 45 million of sales and will be joining the Mimir group of companies that has combined sales of EUR 270 million.