Athanase to acquire majority of shares in Catella Fondförvaltning AB
10 JUN, 2020
By Constanza Ramos
Athanase Industrial Partner has purchased a 70% stake in Sweeden's Caletalla Fondförvaltning AB. For a price of roughly €12 million. However, this price will change relative to Catella's value at the strike date.
This merger comes with the stated goal of building more robust client networks between the two firms. And to expanding client offerings as a collective.
Statement from the Catella
Statement from Athanase Industrial Partner
About Athanase Industrial Partner
Athanase Industrial Partner is an investment company whose investment strategy is based on long-term and sustainable value creation in its portfolio companies. Athanase manages capital from larger Swedish institutions, such as the Swedish National Pension Funds, other pension funds, insurance companies and universities. Focus on operational improvements, optimal capital allocation and efficient company structure is a pillar of the investment strategy. The unique aspects of the Athanase business model are that everyone on the team has personal operational experience, profound expertise in running companies and all have been working together as investors since 2006 in AB Custos, Investment AB Öresund and Creades AB.
About Catella
Catella is a leading specialist in property investments and fund management, with operations in 15 countries. The group has assets under management of approximately SEK 160 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment.
