Karnell

About The Fund

Karnell is an investment firm with headquarters in Stockholm, Sweden, focusing on the long-term ownership and development of Nordic-based industrial and technology companies. They aim to build a group of leading industrial technology companies prepared for the future. Karnell's investment strategy targets small to medium-sized companies within several specific sectors, including industrial and technology, product manufacturing, industrial trading, services, and systems. They specialize in niche producers and secure strategic alliances with their portfolio companies, focusing on sustainability and financial strength. Karnell is characterized by their guiding principle of 'eternal ownership', meaning they take on the role of a perpetually engaged development and ownership partner. This implies that rather than looking to exit their investments after a fixed period, Karnell aims to provide enduring value and support. The fund's investment size is notably fixed, committing approximately 75.6 million SEK across their investments. Karnell prides itself on contributing both industry-specific competencies and financial resources, positioning themselves as a strong, strategic, and financial ally for entrepreneurs looking to fortify their market positions. Their portfolio includes about 15 companies, collectively employing around 700 individuals and generating a turnover exceeding 1 billion SEK. Noteworthy achievements include acquisitions such as Haco and NE Engineering in the UK, as well as Ojop Sweden AB, evidencing their active role in expanding and nurturing their portfolio groups. Through their active engagement, Karnell promises a natural and long-term choice for entrepreneurs with their significant industry experience and the comprehensive support they offer to the companies they invest in.