Number of employees
Number of major portfolio companies
Total EBITDA in our companies, SEK bn
Total assets, SEK bn
About
Patricia Industries
About us
Patricia Industries is a long-term owner that invests in companies and works to develop each company to its full potential. Patricia Industries is a part of the industrial holding company Investor AB, whose main owner is the Wallenberg Foundations.
Our Way of Working
We own Nordic and North American companies in industries that we know well, and where we have a relevant network of key people who can contribute their expertise.
Our Companies
Our family of companies consists of wholly-owned subsidiaries, partner-owned companies and legacy financial investments.
Ownership
Patricia Industries is a part of Investor AB, Northern Europe’s largest industrial holding company, which is publically listed on Nasdaq Stockholm. The main owners of Investor AB are the Wallenberg Foundations, controlling 50 percent of the votes.
Patricia Industries in short
What we do is really a continuation of what the Wallenberg family has been doing ever since André Oscar Wallenberg founded Stockholm’s Enskilda Bank in Sweden in 1856 – actively supporting the development of companies globally.
Board
Great companies are built by great people. It is our firm belief that leadership and individuals make all the difference.
Contact
Patricia Industries develops companies – in the Nordics and North America – and our team of professionals work at our two offices.
Latest news
Scott Nelson new CEO at BraunAbility
Scott Nelson, currently President of North America Manufacturing, will be named President and CEO effective April 1, 2024.
Patricia Industries funds strategic add-on acquisition by Piab Group
Piab Group has acquired COVAL, a global player in vacuum automation components and systems.
Brian LaDuke new CEO at Sarnova
Effective March 1, 2023, Brian LaDuke will succeed Jeff Prestel as the new CEO of Sarnova. Currently, Brian is the President of Sarnova’s Cardiac Response division.
Åsa Riisberg new Chair of Atlas Antibodies
Åsa Riisberg, professional board member and former partner of EQT AB, has been appointed new Chair of the Board of Patricia Industries’ wholly owned subsidiary Atlas Antibodies.
Denise Persson new board member at Patricia Industries
Denise Persson, CMO of Snowflake, has long experience in building go-to-market strategies for category-creating technology companies in Europe and North America.
New chairman of Mölnlycke
Karl-Henrik Sundström, professional board member and, among other things, former CEO of Stora Enso, has been appointed new Chair of Mölnlycke, succeeding Gunnar Brock after 15 successful years.
Advanced Instruments acquires Artel
Advanced Instruments has signed an agreement to acquire Artel, a leading provider of calibration and validation instruments, consumables, software and services used by life science laboratories.
Piab acquries Joulin
Piab, a leading provider of gripping, lifting and moving solutions for end-users and machine manufacturers, has signed an agreement to acquire Joulin, a French provider of vacuum grippers and gantry robots for automated wood handling and other segments.
Peter Laurin new CEO at Piab
Peter Laurin has been appointed new CEO of Piab, effective from August 15, 2022, He joins Piab from his role as Senior Vice President and Head of Business Area Managed Services at Ericsson.
Åsa Riisberg new board member at Patricia Industries
Åsa Riisberg, former partner at EQT AB, has long experience from the private equity and investment industry with focus on long-term value creation.
New chairman of Piab
Mats Rahmström, President and CEO of Atlas Copco, has been appointed new Chair of Piab, succeeding Ronnie Leten, as of February 22, 2022. Ronnie Leten will resign as a board member of Piab.
Johan Skoglund new chair of Vectura
Johan Skoglund, CEO of JM, will replace Mats Wäppling as chair. Vectura develops and manages innovative and sustainable real estate in community service- and office segments.
Sarnova acquires Allied 100
Sarnova has completed the acquisition of Allied 100, a leading specialty distributor of automated external defibrillators (AEDs) used in emergency situations to save the lives of sudden cardiac arrest (SCA) patients.
Advanced Instruments to acquire Solentim
Advanced Instruments has signed an agreement to acquire Solentim, a global leader in innovative solutions for cell line development of biopharmaceutical products.
Atlas Antibodies acquires evitria
Atlas Antibodies, a leading provider of highly validated research antibodies, has signed an agreement to acquire evitria. evitria is a quality leader within custom recombinant antibody expression serving the biopharmaceutical industry. The acquisition brings together two highly innovative companies, with double digit organic growth over the last five years, to create an antibody-focused platform, serving a wide range of customers, with combined LTM adjusted EBITDA of approximately SEK 130m.
Doktor24 take on board two owners and raise SEK 400m
Stena Sessan and Ernström and Co will together with current owners contribute with SEK 400m. Together with strong network and expertise in the field, this will give Doktor24 the right conditions for executing on the stated growth agenda.
Permobil to acquire Progeo
Permobile will acquire Progeo, a leading italian manufacturer of manual wheelchairs. With the acquisition of Progeo, Permobil significantly increases its presence in the manual wheelchair segment in Europe.
Divestment of Grand Group and the Grand Hôtel property
Patricia Industries and its subsidiary Vectura, have agreed to divest Grand Group and the Grand Hôtel property, respectively, to FAM AB.
Christian Cederholm - appointed Head of Patricia Industries
Christian Cederholm, currently Co-Head of Patricia Industries, has been appointed Head of Patricia Industries. Noah Walley, currently also Co-Head of Patricia Industries, will retire from full-time employment and assume a role as Senior Advisor to Patricia Industries and Investor.
Successful 10-year Eurobond issue for Mölnlycke
Mölnlycke has successfully launched a EUR 400 million senior unsecured bond under its EMTN programme. The bond has a 10-year tenor with an annual fixed coupon of 0,6250% and a yield of 0,6330%.
3 Scandinavia divests its telecom tower business and assets
Divestment of Three Scandinavia telecom tower business and assets. Patricia Industries has agreed to divest its 40 percent share of Three Scandinavia’s tower business and assets.
Advanced Instruments acquired
Patricia Industries acquires US company Advanced Instruments, the leading global provider of osmolality testing instrumentation and consumables for the clinical, biopharmaceutical, and food and beverage markets.
Sarnova to aquire Digitech
and Simultaneously Combine Digitech and R1 EMS Businesses in Partnership with Pamlico Capital and Digitech Founder & CEO Mark Schiowitz.
Doktor24 in partnership with Apoteket AB
Together with Apoteket’s nationwide physical pharmacy network and Doktor24’s digital solutions, the ambition is to build an integrated healthcare journey allowing for both digital and physical care.
Our way of working
We constantly scout the market for new companies, but the main priority is to be a great owner of our existing companies.
Sustainability
We believe in the strong link between sustainability and long-term profitability. Companies who act in a responsible way will outperform the competition over time.