24 Mar 09
Today Litorina signed an agreement with the founders of Securia, in which they sold all their remaining shares in Securia to Litorina.
In June 2007 Litorina acquired the majority of the shares in fast growing Securia Systems AB from its founders. With Litorina as majority owner the company has developed well and has continued to grow at a high rate. After today’s transaction, Litorina holds 95.5% of the shares in the company. The remaining 4,5% are held by the management and the board of the company.
For further information please contact:
Jörgen Ekberg (+46-8-545 181 80), Senior Partner, Litorina
Litorina, founded in 1998, is a private equity firm that focuses on acquiring and industrially developing small to medium-sized primarily Swedish companies. Litorina offers broad and deep expertise via its own organization as well as through its network of industrial advisors. Litorina Capital Advisors AB acts as an investment advisor to Litorina’s third fund, Litorina Kapital III L.P., which is currently in an active investment phase. Litorina is backed by a number of venerable and reputable Swedish and international institutions who have together invested approximately SEK 2,400 million in Litorina’s three funds.