Ceder Capital acquires Persson Innovation

Ceder Capital has acquired Persson Innovation AB from Connecting Capital in cooperation with the management. Ceder Capital looks forward to supporting the management with its objective to grow globally. The cooperation will increase Persson Innovation’s resources, both financially and operationally, which enables the company to develop and expand the business and create more value for customers. Persson Innovation was founded in 1982 and is a world leading manufacturer of handles for carrying paper and plastic packages. The company has offices in Kumla, Sweden, and a turnover of SEK 80 million. Persson’s products are important components for customers who use pet, laundry, drink, chemical and electronics products.

Kristian Nordgren, CEO at Persson Innovation comments: “We look forward to continuing our growth together with Ceder Capital. The cooperation will grant access to considerable resources in knowledge and internationalisation. We would also like to thank Connecting Capital who helped us grow and maintain our position as a world leading handle manufacturer”.