Entity
  • Novedo

    Created in 2021
  • BETA

    Up & running (A)
    Existing signals show a regular activity
  • Social networks

    1,556
  • Entity types

  • Location

    Biblioteksgatan 29, 114 35 Stockholm, Sweden

    Stockholm

    Sweden

  • Employees

    Scale: 1001-5000

    Estimated: 17

  • Engaged corporates

    1
    0 1
  • Added in Motherbase

    1 year, 7 months ago
Description
  • Value proposition

    Vi förvärvar och utvecklar framstående entreprenörsdrivna bolag som blir starkare tillsammans.

    Novedo is an industrial group focused on three business segments – Industry, Infrastructure, and Installation & Service.

    Novedo’s vision is to create long-term sustainable value through acquisitions and developing prominent B2B companies with healthy corporate cultures, developed niche positions, and proven business models within the selected business segments.

    Novedo completed its first acquisition in 2021 and currently the Group consists of about 25 subsidiaries and approx. 1,300 employees in Denmark, Estonia, Germany and Sweden. Net sales for R12 months were SEK 2,708 million as of December 31, 2023.

    Novedo has an active acquisition strategy and sets high standards for the companies it acquires. Even after the acquisition, the selling party/existing management continues to operate in a decentralized manner with their solid business acumen and entrepreneurial spirit, supported by Novedo through leadership, know-how, and add-on acquisitions, all embraced by Novedo's core values – trust, business acumen, and operational closeness.

    Novedo's business and role in society are based on the motto "Stronger together." A motto that clarifies Novedo's approach on three levels: A healthy corporate culture is a prerequisite for a strong company, companies can learn and benefit from each other and thus become stronger together, and Novedo and its subsidiaries contribute to a stronger society through jobs and local initiatives.

    For more information, https://www.novedo.se/en/

    Industry, Infrastructure, Installation & Service, and investment

Corporate interactions BETA
Corporate TypeTweets Articles
Nasdaq
Nasdaq
Finance, Financial Services
Nasdaq
Finance, Financial Services
Other

31 Aug 2024


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