- Advertisement -
- Advertisement -

Accendo Capital Participates in Directed Share Offering

- Advertisement -

Stockholm (HedgeNordic) – The activist hedge fund Accendo Capital has agreed to participate in a directed share offering in Swedish “Impact Coatings”, a company focusing on industrial coating solutions. Accendo will invest 25 MSEK in the directed offering at a price per share of 10.50 SEK.

In a comment to the transaction, Accendo´s founder Henri Österlund says:

“We believe that Impact Coatings, following 20 years as a development company, now is starting a transition to a self-financing company in the industrial coating industry with solid growth prospects. Accendo is a long-term and active owner with a history of investing in listed small-cap companies in the Nordic region, examples including Okmetic Oyj and Hexatronic Group AB. A common trait between Accendo and Impact Coatings is an entrepreneurial drive that leads to change and progress. We look forward to co-operating with CEO PhD Henrik Ljungcrantz, the board and the company to assist Impact Coatings to reach its full potential.”


Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Jonathan Furelid
Jonathan Furelid
Jonathan Furelid is editor and hedge fund analyst at HedgeNordic. Having a background allocating institutional portfolios of systematic strategies at CTA-specialist RPM Risk & Portfolio Management, Mr. Furelid’s focus areas include sytematic macro and CTAs. Jonathan can be reached at: jonathan@hedgenordic.com

Latest Articles

UB Launches Forest-Focused PE Fund

Stockholm (HedgeNordic) – United Bankers is launching a private equity fund investing in forest and bio-based industries. The fund, named UB Forest Industry Green...

Origo’s First Ten Years on (a) Quest

Stockholm (HedgeNordic) – Long/short equity fund Origo Quest is celebrating ten years of bargain hunting in the universe of Nordic small-cap stocks. After a...

The Cycle is Back and so is Active Investing

Stockholm (HedgeNordic) – The relationship between equities and bonds has traditionally been inverse, making bonds a leading choice as a diversifier to an equities...

Alcur’s Third Win in a Row

Stockholm (HedgeNordic) – Alcur Fonder’s first hedge fund, Alcur, has been named “Hedge Fund of the Year” by Swedish business magazine Privata Affärer for...

Lynx is Fund Company of the Year, Says Privata Affärer

Stockholm (HedgeNordic) – Lynx Asset Management has been named “Fund Company of the Year” by Swedish business magazine Privata Affärer. The distinction comes after...

RFP: Absolute Return Multi-Strategy/Fund of Funds

(Global Fund Search) - A Danish Institutional Investor is searching for an absolute return strategy for an allocation of EUR 40 million. The mandate...


Most Popular This Week


Request for Proposal

- Advertisement -