MVI forms Nordic Drives Group and acquires several companies

Wigge & Partners has advised MVI Fund II in connection with the acquisitions of Krylbo Elektra AB, Falun Borlänge AB, Jo-Wic Elteknik AB, Elektromekanisk Industriservice AB, Bröderna Eriksson Maskinel i Söderhamn AB, Elektrolindningar T Holm AB and Fabrika A/S, creating a leading player within sales and aftermarket services of electric motors and drives. With Fabrika joining the group, the group is expected to have a turnover exceeding SEK 300m with 93 employees, active in several locations throughout Sweden and Denmark.

Link to press release:

https://www.mvi.se/en/news/?v=news#mvi-fund-ii-creates-market-leader-within-electric-drives-and-power-systems

The team from Wigge & Partners consisted of Henrik Wenckert (partner) and Filip Karlsson (associate)

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