WiMa Propulsion delivers service and purchasing services in the Swedish gas turbine market, with strong positions in the defense and energy industries, among others. In 2019, WiMa had sales of SEK 48.8 million with an operating profit of SEK 12.6 million.
Teqnion is a listed Swedish industrial group founded in 2006. Teqnion’s companies operate in narrow technology niches in a wide range of industries. Teqnion’s strategy is permeated by active ownership, optimization of the subsidiaries’ operations and growth through acquisitions.
Paulmarken Holmberg has had overall responsibility for the sale of the company, including sales preparations and preparation of presentation material, presentation to potential buyers and final negotiations and law.
– “I am very pleased with Paulmarken Holmberg’s work, they have taken on the task in an extremely professional way, presented many good candidates and finally helped me reach the goal with the buyer I think is the best for the company in the long run.” says Mats Malmsten, CEO and former owner of WiMa Propulsion.
– “It has been much appreciated to work together with Paulmarken Holmberg as an advisor to the Seller, the process has been reflected in a pragmatic and simple approach that has brought us close to the company. Now we look forward to building on this fantastic company! ” says Johan Steene, CEO of Teqnion AB.