Accent acquires Swedish transportation service company Tommy Nordbergh Åkeri from Nordbergh
The investment fund Accent Equity 2012 has signed an agreement to acquire a majority shareholding in Tommy Nordbergh Åkeri (TNÅ) from family-owned Nordbergh Holding. Stefan Nordbergh, management and the board will retain an ownership also going forward. Through the transaction, TNÅ will become an independent entity in the Accent Equity 2012 fund. The company’s net sales in 2015 amounted to approximately SEK 500 million.
TNÅ has offered efficient and flexible transport solutions for temperature controlled goods on the Swedish market since 1963. Today, TNÅ is a market leading and independent supplier of temperature controlled transports to Swedish food retailers and producers. The company’s truck fleet is exclusively running on renewable biofuel.
”With its strong market position and unparalleled quality awareness, TNÅ is well positioned for further growth with new and existing customers”, says Niklas Sloutski, CEO of Accent Equity Partners, investment advisor to Accent Equity 2012. “TNÅ’s management team has solid competence and extensive experience in building long term customer relations. We are very much looking forward to continuing to develop the company with the management team in the coming years.”
”With Accent as our new principal owner, we are getting a partner with longstanding experience of developing companies”, says Jonas Råstedt, CEO of TNÅ. “During recent years, we have had strong growth and we have created a solid foundation to build on. Together with Accent we are looking forward to further developing our customer offering and strengthening our market position.”
“As a part of its succession, Nordbergh Holding has decided to divest a majority shareholding in Tommy Nordbergh Åkeri”, says Tomas Persson Lind, chairman of Nordbergh Holding. “A continued strong development for TNÅ is very important for the Nordbergh family, with Accent Equity we have found the growth oriented and experienced new owner we have been looking for.”
Source : Accent Equity Partners Press Release