2005-03-01

Industri Kapital finalises the acquisition of Myresjöhus from Skanska

The Industri Kapital 2004 Fund (“IK2004”) has today finalised the acquisition of Myresjöhus AB, the Swedish prefabricated house manufacturer, from Skanska for slightly more than SEK 500 million (€58 million).

The acquisition of Myresjöhus is IK2004’s first investment and also represents the 50th investment made by Industri Kapital since 1989. Myresjöhus is one of the leading prefabricated house manufacturers in Sweden, with sales of approximately SEK 1,300 million (€143 million) in 2004 and some 390 employees. Since inception in 1927, the company, with its strong brands Myresjöhus and Smålandsvillan, has delivered more than 80 000 houses. Myresjöhus has a market share of approximately 10 per cent in Sweden.

For further information, please contact:
Samir Kamal, Partner, Industri Kapital, +46 8 678 95 28, +46 70 378 95 28
Maria Nilsson, Press Co-ordinator, Industri Kapital, +46 8 678 95 51, +46 70 378 95 51

About Industri Kapital
Industri Kapital is a European private equity firm with Nordic roots, managing close to € 4 billion in fund commitments from Nordic, European and international institutional investors. Since 1989, Industri Kapital has acquired 50 European companies. The current portfolio encompasses 25 companies with a total turnover in excess of €9 billion.
Industri Kapital invests mainly in mid-sized companies with strong cash flow and profit improvement potential, operating in mature industries with fundamental underlying growth.
http://www.industrikapital.com/
http://www.myresjohus.se/

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