Livingstone advised Helix Kapital on the sale of Holms Attachments

Livingstone has acted as exclusive M&A advisor to Helix Kapital (Helix) on the sale of Holms Attachments (Holms), Europe’s leading manufacturer of high-quality road maintenance attachments, to Ejendal Invest. The current management team will continue to develop the company together with the new owner.

Holms is a leading manufacturer of high-quality road maintenance equipment with a wide range of products including pick-up sweepers, sweepers, and snowplows. The company was founded in 1927 and had a turnover in 2022 of approximately SEK 150 million (EUR 12.7 million) generated through distributors and unique collaborations with leading global OEM players in the Nordics, parts of Europe, the Americas, and Asia. The company’s headquarters and manufacturing plant are in Motala, Sweden and the number of employees amounts to approximately 50 people.

Helix is a Swedish investment fund that invests in profitable, high-quality small-cap companies in the Nordics. Helix focuses on companies with sustainable competitive advantages and strong market positions with potential for strategic and operational improvements, where Helix can act as a partner to accelerate the companies’ development and create long-term value. By being an active owner who contributes with capital and expertise, Helix enables companies to achieve their full potential.

Ejendal Invest is a Swedish, family-owned investment company building on the successful journey of Ejendals – today the leading company in safety shoes and protective gloves in the Nordic region. Ejendals was founded in 1949 by Valfrid Ejendal in Leksand, Sweden and is still owned by the family and Valfrid’s grandchildren. Ejendal Invest has an indefinite investment horizon and can support the operations with strategic development, acquisitions, and international expansion.

Hansen Law acted as legal advisor and Svalner as vendor assistance advisor to Helix in the sales process.