A company in Sweden is up for sale

2022-11-02
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Industry: Comprehensive   Region: Sweden   Transaction Price: USD 1 million   Transaction Method: Equity investment

Introduction to the Project:

It is a provider of crowd and security solutions for a variety of end markets, including public and commercial buildings, public transport, banking and retail.

The company operates four separate divisions: entry control, secure storage, coin management and other businesses.

The company is the technology and market leader in the entry control (EC) segment and the market leader in the decentralized safe deposit box market, growing at a rate of 5% annually.

The company's other businesses include:

Electronic security

Security door and partition

Electronic product monitoring

Fire safety

The company, which had a turnover of 4.06 billion Swedish kronor (2.65 billion yuan) in 2020 and employs 4,200 people, has been owned by private equity firms since 2020. The company is now seeking a sale.