
Nordic Acquisition-Intensive Industrial Technology Group
Karnell is a long-term and active owner of Nordic quality companies with a clear industrial focus and market-leading position.
What differentiates Karnell?
Nordic Approach
Karnell’s focus market is a company based in the Nordic region. Today, Karnell has a clear Finnish-Swedish positioning with the ambition to grow here and in the rest of the Nordic region.
Niched
Group of companies with two distinct business areas in industrial technology – market-leading product-owning companies with their own IP, as well as companies with an efficient and niched production.
Active and Engaged Owner
Active owner investing in B2B industrial technology companies with a strong focus on value creation. Karnell works closely together with the group companies to identify and support initiatives that create long-term value.

Background
Karnell was founded in 2008 by Hans Karlander and Patrik Rignell, who together have over 30 years of experience in investment operations and development of Nordic companies.
Current shareholders, in addition to the founders, consist of smaller Nordic institutions and private individuals.
Today, Karnell’s team consists of 13 employees.

“Every portfolio company should have a clear, ambitious growth plan that can stem from increased numbers of products, international geographic expansion, new customers and selective add-on acquisitions.”
Values
Karnell’s core values permeate the entire group.
Sustainability
Clear focus on sustainability, with ESG high on the agenda.
Professionalism
Develop a culture where everyone’s voices are heard and big as well as small ideas appreciated.
Challenge & Improve
Flexibility combined with freedom under responsibility is the key to success.