Colmec is pleased to announce the acquisition of a majority stake in the Colmec Group by Norvestor, a Nordic private equity investor specializing in medium-sized companies. The partnership marks a significant milestone in Colmec’s development, positioning the company for continued success together with its customers, suppliers, and employees.
Since its founding in the 1960s, Colmec has, under the ownership of the Eckerström family, grown to
become a market-leading provider of sustainable tire solutions and a trusted functional partner to truck
and bus fleet operators in Sweden, Poland, Finland, and Norway.
As the company enters its next phase of development, Peter Eckerström with family and its leadership
have decided to bring in a new majority owner to Colmec to support accelerated growth, digitization,
and further development of the environmentally friendly offering. The Eckerström family will remain as
dedicated minority shareholders, ensuring a foundation for continuity and the opportunity to combine
the family’s extensive industry experience with Norvestor’s track record of driving substantial growth in
the businesses in which they invest.
The transaction is expected to close during the summer of 2023, subject to customary regulatory
approvals.
For further information, please contact: Patrick Sjölin, CEO Colmec Group
Telephone: 0046 11 20 20 02
Mail: patrick.sjolin@colmec.se
About Colmec
Colmec is the leading distributor of truck and bus tires in Scandinavia and Poland. Colmec is a trustworthy and partner with an innovative, sustainable and circular approach to tires and tire services, constantly evolving to find new solutions that safeguard both clients and the environment. Colmec employs over 380 people across four countries and generated revenue in excess of SEK 1.1bn in 2022.
www.colmecgroup.com
About Norvestor
Norvestor is a leading private equity company focusing on lower mid-market buyouts in the Nordic region. The team has worked together since 1991, making it one of the most experienced private equity teams in the Nordics, having executed 83 investments with >350 add-on acquisitions, in addition to executing 58 exits, including 16 IPOs. The Fund seeks to invest in growth companies in the Nordic mid-market that have the potential to achieve a leading Nordic or international position, typically through organic growth, acquisitions across fragmented industries or by geographic expansion.
Read more at www.norvestor.com
