Long-term and committed owner of leading industrial technology companies
Karnell is an active and long-term owner of industrial technology companies on the constant lookout for new interesting opportunities where we can add value as owner.
Actively engaged ownership partner
The work with the companies is a significant part of Karnell’s strategic work to generate profitable growth. Through our model, we can identify strategically important areas in each business where we can provide support in their continued growth journey. Areas where we typically support our portfolio companies is through introduction of new products, development of the current product offering and pricing strategy, expansion into new markets, broadening the customer base and add-on acquisitions.
Decentralised model
We have a decentralised ownership model which imply that each company operates under its own brand and with an independent management team. The model leads to key strategic decisions being made locally and as close to the end customer as possible. The management team of our companies typically possess more experience of the business segment and local market conditions and is therefore presumed better qualified to make the right decisions for both the company and the customer.
An evergreen investment horizon
We are an evergreen owner since we strongly believe that unlocking the inherent potential in our companies takes time. Together with the management team and entrepreneurs in the companies, Karnell identifies and supports initiatives that create value in the long term. We contribute with our experience and expertise in the field to drive growth and believe that co-ownership with management creates joint incentives in favor of our long-term agenda.
Product companies and niched manufacturers
Karnell currently consists of 15 portfolio companies divided into two business areas: Product companies and Niche production. A common denominator for our portfolio companies is that they are characterized by having a clear niche focus with strong market positions and growth potential that is anchored in attractive global industry trends.
“Every company should have a clear, ambitious growth plan which can stem from expanding the product range, international geographic expansion, new customers, and selective add-on acquisitions.”
– Petter Moldenius, ceo at Karnell
Karnell’s portfolio strategy
Every portfolio company should have a clear, ambitious growth plan that can e.g. stem from launching new products, geographical expansion, new customers and selective add-on acquisitions.
Decentralised model:
Each company works with its own business plan and agenda
Must have a P&L and responsibility for the company
Decisions should be made close to the customer
How Karnell contributes to the portfolio companies:
Strategic advice
Broad network to support long-term value creation
Extensive experience operationally and through board seats
Growth initiatives through add-on acquisitions and expansion into new markets
Muscles to deploy additional capital if needed and experience from financial markets
Becoming part of Karnell
Becoming part of Karnell means that you get an actively engaged ownership partner with extensive experience in developing industrial technology companies as well as a financial partner that enables continued development and growth. We want Karnell to be the natural first choice for entrepreneurs when looking for a committed new owner to take his/her lifework to new heights. When considering Karnell as a buyer, you can always feel confident that you are handing over the company in good hands.
We are majority owners of the companies we invest in but are flexible when it comes to co-ownership. We prefer partnerships with the key individuals in the companies to create joint incentives and ensure a successful succession with continuity in the business. Today, Karnell’s team consists of 10 employees based in both Stockholm and Helsinki, while the entire group employs ~700 people.
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.
”We want Karnell to be the natural first choice for you when plans for a succession change come up and we want you to feel confident that your company will be in good hands for continued development.
– Petter moldenius, ceo at karnell
Do you want to become a part of Karnell?
Welcome to contact us.
