Top 12 Contract Manufacturing Investors in the Nordics
Top 12 Contract Manufacturing Investors in the Nordics
The contract manufacturing industry in the Nordics is vital, involving companies that produce goods on behalf of others, covering various sectors such as electronics, pharmaceuticals, and consumer products. Known for high quality and advanced technology utilization, these companies ensure efficiency and innovation in production processes. With a strong focus on sustainability, manufacturers are increasingly integrating eco-friendly practices into their operations. This heightened commitment to environmental responsibility coupled with the adoption of Industry 4.0 practices is propelling growth in the sector. As demand for specialized contract services rises, the industry is well-poised for expansion in the coming years.
Among the top contract manufacturing investors in the Nordics are corporate giants and private equity firms, all strategically located in Sweden, Denmark, and Finland. The investors range from large corporations like ASSA ABLOY to private equity firms like Altor. Founded between 1952 and 1999, these entities reflect robust operational scales, ranging from small teams to thousands of employees. In 2024, these investors made significant moves, with hundreds of investments, demonstrating high activity and engagement in the sector. Their diverse strategies reflect a commitment to advancing the capabilities within the Nordic manufacturing ecosystem.
Top 12 Contract Manufacturing Investors in the Nordics
1. Indutrade Life Science
- Website: indutrade.se
- Type: Corporate
- Headquarters: Stockholm, Stockholm, Sweden
- Founded year: 1978
- Headcount: 1001-5000
- Number of deals in 2024: 14
- LinkedIn: indutrade-life-science
Indutrade Life Science is a corporate investor based in Stockholm, Sweden, founded in 1978. The company is part of an industrial group that focuses on developing and acquiring companies with high technical expertise across various sectors, including technology and industrial manufacturing. Indutrade emphasizes long-term relationships with its customers and operates through a decentralized structure, allowing its subsidiaries to maintain independence while benefiting from the group's resources. Notably, Indutrade has made several strategic acquisitions relevant to contract manufacturing, including MeHow Medical, an Irish medical device and engineering company, and Milltech Precision Engineering Ltd, which specializes in precision machining and assembly for various manufacturing industries. These acquisitions reflect Indutrade's commitment to enhancing its capabilities in the contract manufacturing domain, particularly in the life sciences and precision engineering sectors.
2. EQT Group
- Website: eqtgroup.com
- Type: Private Equity
- Headquarters: Stockholm, Stockholm, Sweden
- Founded year: 1994
- Headcount: 1001-5000
- Number of deals in 2024: 30
- LinkedIn: eqt-partners
EQT Group is a prominent investment firm founded in 1994, specializing in private equity, infrastructure, real estate, growth equity, and venture capital. Based in Stockholm, Sweden, EQT serves institutional investors by managing diverse investment portfolios across multiple sectors and geographies. Among their notable transactions, EQT has acquired BBS Automation, a key player in automation solutions for complex manufacturing processes, which supports their growth strategy in the manufacturing sector. Additionally, their acquisition of Salcomp, a manufacturer of chargers and power supplies, and Zeus Industrial Products, which specializes in high-performance polymer solutions, further highlights their focus on companies that contribute to manufacturing capabilities. These investments reflect EQT's strategic interest in enhancing operational efficiencies and technological advancements within the manufacturing industry.
3. ASSA ABLOY Group
- Website: assaabloy.com
- Type: Corporate
- Headquarters: Stockholm, Stockholm, Sweden
- Founded year: 1994
- Headcount: 10001+
- Number of deals in 2024: 21
- LinkedIn: assaabloy
ASSA ABLOY Group, founded in 1994 and headquartered in Stockholm, Sweden, is a leading provider of security solutions specializing in locks, doors, gates, and entrance automation. With a workforce exceeding 10,000 employees, the company has established itself as a leader in the security industry through a strong focus on innovation and a diverse product portfolio. In recent years, ASSA ABLOY has made several strategic acquisitions to enhance its manufacturing capabilities and market presence. Notable transactions include the acquisition of Dynaco, a company specializing in door systems, and the purchase of an RFID inlay manufacturer for electronic passports. Additionally, their acquisition of Nergeco, a specialist in rapid lifting soft doors, and MR Group's hardware division, which supplies aluminum profile hardware and locks, further solidifies their commitment to expanding their manufacturing capabilities within the security sector. These transactions highlight ASSA ABLOY's active role in the contract manufacturing landscape, particularly in relation to their core business of security solutions.
4. Addtech AB
- Website: addtech.se
- Type: Corporate
- Headquarters: Stockholm, Stockholm, Sweden
- Founded year: 1906
- Headcount: 1001-5000
- Number of deals in 2024: 9
- LinkedIn: addtech-ab
Addtech AB is a corporate investor based in Stockholm, Sweden, founded in 1906. The company specializes in providing high-tech products and services across various sectors, including automation, electrification, energy, industrial solutions, and process technology. Addtech serves OEM manufacturers and end-users, helping them enhance operational efficiency and sustainability through innovative solutions. In recent years, Addtech has made several strategic acquisitions that align with contract manufacturing, such as the acquisition of Kaptas Oy, which specializes in automation systems for the pharmaceutical and food industries, and Gotapack International AB, which provides equipment and services for the pharmaceutical sector. Additionally, their acquisition of PGS Tec GmbH, which focuses on customized water and gas supply systems, further emphasizes their commitment to enhancing process technology solutions. These transactions highlight Addtech's active role in sectors that are integral to contract manufacturing.
5. Novo Holdings
- Website: novoholdings.dk
- Type: Venture Capital
- Headquarters: Hellerup, Denmark
- Founded year: 1999
- Headcount: 51-200
- Number of deals in 2024: 45
- LinkedIn: novo-a-s
Novo Holdings A/S is a not-for-profit investment firm based in Hellerup, Denmark, founded in 1999. It manages the assets of the Novo Nordisk Foundation and primarily invests in life science companies at various stages of development. Novo Holdings provides capital and strategic support to enhance healthcare solutions. Notably, in 2024, Novo Holdings announced the acquisition of Catalent Pharma Solutions, a major contract manufacturer, for $16.5 billion, which included a significant sale of manufacturing sites to Novo Nordisk for producing GLP-1 drugs. Additionally, they acquired The Ritedose Corporation, a sterile pharmaceutical manufacturer, to bolster its capabilities in bringing life-saving drugs to market. These transactions highlight Novo Holdings' active role in the contract manufacturing sector, particularly within the life sciences industry, making them a key player in this field.
6. Aboa Venture III Ky
- Website: aboaventure.fi
- Type: Private Equity
- Headquarters: Turku, Southwest Finland, Finland
- Founded year: 1994
- Headcount: 1-10
- LinkedIn: aboa-venture-iii-ky
Aboa Venture III Ky is a private equity firm based in Turku, Southwest Finland, founded in 1994. The firm specializes in investment management, focusing on providing equity financing solutions to Finnish businesses with revenues between 2-20 million euros. Aboa Venture Management Oy participates in acquisitions and growth investments, primarily targeting small to medium-sized enterprises seeking capital for expansion and restructuring. Notable transactions include investments in Coreplast Laitila and WM-Plast, both of which are companies that may operate in the manufacturing sector, indicating Aboa's engagement with businesses that could be involved in contract manufacturing. Their portfolio also includes investments in JL Levytekniikka, Uudenkaupungin Rautavalimo, and Mino-Tuote, further suggesting a diverse investment strategy that may encompass manufacturing-related activities.
7. Indutrade AB
- Website: indutrade.com
- Type: Corporate
- Headquarters: Stockholm, Stockholm, Sweden
- Founded year: 1978
- Headcount: 5001-10000
- Number of deals in 2024: 1
- LinkedIn: indutrade-ab
Indutrade AB is a corporate investor based in Stockholm, Sweden, founded in 1978. The company operates as a technology and industrial group, developing and acquiring companies characterized by high technical expertise. With over 200 subsidiaries, Indutrade provides a diverse range of industrial and technological products across various sectors, including infrastructure, medical technology, and energy. Notably, Indutrade has made several strategic acquisitions that enhance its capabilities in contract manufacturing contexts. For instance, the acquisition of CKJ Steel AS, a supplier of engineering solutions to the pharmaceutical industry, highlights their commitment to expanding their footprint in sectors that require contract manufacturing services. Similarly, their acquisition of Stein Automation GmbH & Co. KG, which specializes in Industry 4.0-ready systems for assembly lines, further demonstrates their engagement in manufacturing processes. These transactions reflect Indutrade's strategy of integrating companies that contribute to advanced manufacturing solutions, making them a relevant player in the contract manufacturing landscape.
8. Altor Equity Partners
- Website: altor.com
- Type: Private Equity
- Headquarters: Stockholm, Stockholm, Sweden
- Founded year: 2003
- Headcount: 51-200
- Number of deals in 2024: 6
- LinkedIn: altor
Altor Equity Partners is a private equity investment management firm based in Stockholm, Sweden, founded in 2003. The firm focuses on enhancing operational efficiency and sustainable growth for its partners through tailored investment strategies and digital transformation solutions. Notably, Altor has been involved in significant transactions within the contract manufacturing context, including the acquisition of Orchid Orthopedic Solutions, a provider of design and manufacturing services for the orthopedic and dental markets, in 2011. They also acquired Trioworld, a company engaged in manufacturing, in 2018. These transactions highlight Altor's commitment to investing in companies that provide essential manufacturing services, particularly in specialized sectors.
9. Lagercrantz Group AB
- Website: lagercrantz.com
- Type: Corporate
- Headquarters: Stockholm, Stockholm, Sweden
- Founded year: 2001
- Headcount: 1001-5000
- Number of deals in 2024: 6
- LinkedIn: lagercrantz
Lagercrantz Group AB is a technology group based in Stockholm, Sweden, that specializes in providing tailored technical solutions across various sectors. Founded in 2001, the company operates approximately 80 subsidiaries focused on niche markets, offering products and services in areas such as Electrify, Control, and TecSec. The group emphasizes acquisitions and organic growth, catering primarily to business customers seeking specialized technology solutions. Recent transactions highlight their active role in the contract manufacturing space, including the acquisition of DP Seals, a UK-based manufacturer of rubber sealings, and Prido AB, a Swedish manufacturer of industrial doors and gates. These acquisitions reflect Lagercrantz's strategy to enhance its manufacturing capabilities and expand its market presence. Additionally, their acquisition of Nikodan Conveyor Systems A/S, which specializes in high-quality belt conveyors, further underscores their commitment to the manufacturing sector. Overall, Lagercrantz Group AB is positioned as a significant player in the contract manufacturing landscape.
10. NCAB Group
- Website: ncabgroup.com
- Type: Corporate
- Headquarters: Sundbyberg, Stockholm, Sweden
- Founded year: 1993
- Headcount: 501-1000
- Number of deals in 2024: 4
- LinkedIn: ncab-group
NCAB Group is a corporate investor based in Sundbyberg, Stockholm, Sweden, specializing in the manufacturing of printed circuit boards (PCBs) for various industries, including Aerospace, Automotive, and Medical. Founded in 1993, the company has established itself as a reliable provider of high-quality PCBs through stringent quality controls and efficient production processes. In 2024, NCAB Group has been actively expanding its operations through several strategic acquisitions, including ICOM, the PCB division of DVS Global, Elmatica, Phase 3 Technologies, and db electronic. These acquisitions not only enhance NCAB's manufacturing capabilities but also strengthen its market position in Europe and the US, making it a key player in the contract manufacturing landscape. Their focus on delivering timely and reliable PCB solutions to OEMs and EMS providers further solidifies their relevance in the contract manufacturing sector.
11. NIBE Industrier AB
- Website: nibe.se
- Type: Corporate
- Headquarters: Markaryd, Kronoberg, Sweden
- Founded year: 1952
- Headcount: 5001-10000
- LinkedIn: nibe-ab
NIBE Industrier AB is a corporate investor based in Markaryd, Kronoberg, Sweden, specializing in energy-efficient heating and cooling solutions. Founded in 1952, the company has grown to employ between 5,001 and 10,000 people. NIBE's product offerings include heat pumps, hot water heaters, and smart home technology, catering to homeowners and property managers seeking reliable climate control systems that minimize energy consumption. In recent years, NIBE has expanded its portfolio through strategic acquisitions in the manufacturing sector. Notably, they acquired Heatron Inc., a manufacturer of specialty heating elements, in March 2016, and Grand Heater in December 2018. Additionally, they acquired BriskHeat Corporation, a leading manufacturer of cloth heating jackets, in January 2018, which further emphasizes their commitment to integrating manufacturing capabilities into their operations. These transactions highlight NIBE's strategy to enhance its product offerings and strengthen its position in the energy market through manufacturing expertise.
12. Trelleborg Group
- Website: trelleborg.com
- Type: Corporate
- Headquarters: Trelleborg, Skåne, Sweden
- Founded year: 1905
- Headcount: 10001+
- Number of deals in 2024: 7
- LinkedIn: trelleborggroup
Trelleborg Group, founded in 1905 and based in Trelleborg, Skåne, Sweden, is a leading manufacturing company specializing in engineered polymer solutions. With over 10,000 employees, Trelleborg provides a diverse range of products, including seals, damping solutions, and fluid handling systems, catering to industries such as aerospace, automotive, healthcare, and marine. In recent years, Trelleborg has made significant acquisitions to bolster its manufacturing capabilities. Notably, they acquired Aero-Plastics, a US-based company specializing in high-performance polymer components for the aerospace industry, which is expected to enhance their offerings in this sector. Additionally, Trelleborg has acquired a manufacturer of aerospace components in Tukwila, Washington, further solidifying their position in aerospace manufacturing. Their acquisition of Innovative Sewer Technologies, a German manufacturer specializing in trenchless pipe repair technology, also reflects their commitment to expanding their manufacturing capabilities in specialized markets. These transactions highlight Trelleborg's strategic focus on enhancing its manufacturing operations and product offerings across various industries.
Contract Manufacturing Insights: Key Investors in the Nordics
| Investor | Headquarter | Size | Founded | Deals 2024 |
|---|---|---|---|---|
| Indutrade Life Science | Stockholm, Stockholm, Sweden | 1001-5000 | 1978 | 14 |
| EQT Group | Stockholm, Stockholm, Sweden | 1001-5000 | 1994 | 30 |
| ASSA ABLOY Group | Stockholm, Stockholm, Sweden | 10001+ | 1994 | 21 |
| Addtech AB | Stockholm, Stockholm, Sweden | 1001-5000 | 1906 | 9 |
| Novo Holdings | Hellerup, Denmark | 51-200 | 1999 | 45 |
| Aboa Venture III Ky | Turku, Southwest Finland, Finland | 1-10 | 1994 | 0 |
| Indutrade AB | Stockholm, Stockholm, Sweden | 5001-10000 | 1978 | 1 |
| Altor Equity Partners | Stockholm, Stockholm, Sweden | 51-200 | 2003 | 6 |
| Lagercrantz Group AB | Stockholm, Stockholm, Sweden | 1001-5000 | 2001 | 6 |
| NCAB Group | Sundbyberg, Stockholm, Sweden | 501-1000 | 1993 | 4 |
| NIBE Industrier AB | Markaryd, Kronoberg, Sweden | 5001-10000 | 1952 | 0 |
| Trelleborg Group | Trelleborg, Skåne, Sweden | 10001+ | 1905 | 7 |
Want to find more investors focusing on the contract manufacturing industry?
If you want to find more investors that are active in the contract manufacturingindustry, you can do that with Inven. We built this list and analysis throughInven's Investor Search, and there are a lot more private equity, venturecapital, and corporate investors like these globally.With Inven, you'll also get to know:
- Deal History: Number of deals and their sizes.
- Portfolio: Companies they've invested in.
- Contact data: Key dealmakers, including their emails and phonenumbers.
- ...and much more!
.jpg)
Trusted by 700+ companies
