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Home › Media › Releases 2002 › Funds managed by Nordea Capital and CapMan exit from Euran Kuluttajatuotteet Oy

Press release - 5 June 2002

Funds managed by Nordea Capital and CapMan exit from Euran Kuluttajatuotteet Oy

Funds managed by Nordea Capital and CapMan exit from Euran Kuluttajatuotteet Oy. The shares owned by the equity funds are acquired by Christian Fredman, Managing Director of Euran Kuluttajatuotteet Oy, and his family. The company’s business activities continue unchanged after the exit by the funds.

The funds invested in the company in 1997. Euran Kuluttajatuotteet Oy manufactures paper, plastic and foil products for food supplies for consumers and institutional kitchens. In 2001 the company’s turnover amounted to EUR 16.9 million. The company currently employs 65 people.

The effect of the exit on CapMan’s result for 2001 will be about EUR 0.5 million.

For further information please contact:
Investment Director Maria Halsas-Dolenc, Nordea Capital Ltd, tel +358 9 165 42782
Partner Markus Sjöholm, CapMan, tel +358 9 6155 8312 or +358 40 5080 121
Managing Director Christian Fredman, Euran Kuluttajatuotteet Oy, tel +358 500 595 476

Nordea Capital Ltd manages EUR 60 million of capital in its funds investing in growth-oriented small and medium-sized companies and acquisitions in all sectors in the Nordic countries. In 1997-2002 the funds managed by Nordea Caital Ltd have invested in 30 companies and made five exits. Nordea Capital Ltd is a subsidiary of Nordea Pankki Suomi Oyj. Nordea is the leading financial services group in the Nordic countries. Additional information on Nordea can be found by visiting www.nordea.fi/capital.

CapMan is one of the leading Nordic private equity companies and specialises in mid-sized buy-outs, technology investments in IT, telecommunications and media sectors as well as investments in the life sciences sector. The funds managed by CapMan have to date made investments in 122 companies the Nordic countries and have exited from 45 companies. The CapMan team comprises 70 employees and the company has offices in Helsinki, Stockholm and Copenhagen. For additional information please visit http://www.capman.fi/.

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