Editing Investment into HTC Sweden
Jump to:
navigation
,
search
In May of 2013, Danish private equity investor Polaris bought HTC Sweden. When it comes to professionalism, HTC is actually a popular global manufacturer as well as developer of top quality floor solutions and floor grinding systems. Polaris obtained HTC Sweden from Gunn and also Hakan Thysell, who remain majority owners having a 60% stake and founded the company around 1987. Additionally, 3i Group offered their interest of 40% to Polaris. HTC Sweden is based in Soderkoping, Sweden. In recent years the business has experienced quick growth through launching new items and expanding in to new markets. Presently, coverage of HTC Sweden is in over 60 countries, which include United Kingdom, U. S, France as well as Germany. Profits of HTC Sweden were about SEK 370m in year 2012. HTC Sweden creates new ways of floor preparation and also floor solutions which can be sturdier, less expensive, longer-lasting, and more enhanced for the environment in comparison to options provided by its rivals. Within the global market place with regard to diamond cleaning system, floor grinding machines, and polished concrete, HTC Sweden continues to be recognised as the major leader. Polaris happens to be supporting HTC Sweden within an ambitious growth technique, which is based strongly upon expansion both acquisitive and organic. Polaris can help HTC Sweden to always focus on innovation that has established strong client loyalty along with a competitive advantage for HTC Sweden. Peter Ankerst, partner from Polaris, was enthusiastic about the buyout of HTC Sweden and commented the company was highly scalable and guided by a visionary management group. In addition, Lars Landin, the present CEO of HTC Sweden, explained that having Polaris being an owner would mean wider accessibility to capital resources and also skills required in order to reap benefits from the next stage of development. Certainly one of HTC Sweden's interesting pending future projects is by using its grinding technological innovation on asphalt roads in Sweden. HTC Sweden has received a grant of SEK 4 mil to be able to run the job called "Via Futura". HTC Sweden quotes that their grinding approach can lengthen lifespan of the road by up to 50%. The anticipated date of completion of the project will be December 2015. The actual grinding can be achieved on parts of the roadway or across its entirety. Polaris Private Equity is based around Copenhagen, Denmark. Polaris has invested in 28 organizations, made 14 realizations, and also completed 50 additional acquisitions, as of its founding in 1998. All investment decisions are made by the committee made up of the Polaris' partners that are then subject to final approval by a Board of Independent Executive Directors. Depending on their high profile potential, Polaris' strategy is to focus on lower mid-market organizations in Sweden and Denmark. Additionally, Polaris is known for trading in market leaders or perhaps niche organizations. Peter Ankerst is part of a team consisting of 2 Swedish and also 5 Danish partners. Investors for Polaris' Fund III is comprised of fund of funds, family money and private investors, insurance and life-insurance organizations, financial institutions, and pension funds. An essential personnel and also Polaris' partner, Peter Ankerst's is one of several high profile private equity firms operating away from Sweden. There are other high profiles like Nordic Capital's Fund V (Managing Partners Joakim Karlsson and Kristoffer Melinder) and also Triton Partners Investment Advisory Professional [http://swecham.ch/index.php?mact=News,cntnt01,detail,0&cntnt01articleid=84&cntnt01returnid=57/ Peder Prahl, the co-founder of Triton]. You can also goto here for more ideas [http://swecham.ch Swecham Swiss Chamber]
|
Editing help
(opens in new window)
Personal tools
Log in / create account
Namespaces
Page
Discussion
Variants
Views
Read
Edit
View history
Actions
Search
Navigation
Main Page
Recent changes
Random page
Help
All articles
Start a new article
Hotrodders forum
Categories
Best articles
Body and exterior
Brakes
Cooling
Electrical
Engine
Fasteners
Frame
Garage and shop
General hotrodding
Identification and decoding
Interior
Rearend
Safety
Steering
Suspension
Tires
Tools
Transmission
Troubleshooting
Wheels
Toolbox
What links here
Related changes
Special pages
Terms of Use
Copyright
Privacy Policy
Your Privacy Choices
Manage Consent