PRINT THIS PAGE Industri Kapital to sell Elektrokoppar to Liljedahlsbolagen08/05/2007. Source: AltAssets. 
 The Industri Kapital 1997 Fund has agreed to sell 100 per cent of its shares in the Elektrokoppar group, a European manufacturer of copper wire rod and winding wire, to Liljedahlsbolagen.
Elektrokoppar's turnover amounted to SEK8bn (approximately €870m) in 2006. The group, which has around 600 employees, has manufacturing facilities in Sweden, Germany, Poland and China and refines approximately 200,000 tons of copper and aluminum per year. Its customers are mainly manufacturers of transformers, engines, generators, white goods and vehicles.
Gerard De Geer, partner at Industri Kapital, said, 'During Industri Kapital's ownership the company has strengthened its position, especially on the fast growing Eastern European markets. The timing is good for Elektrokoppar to continue to build on these successes with an industrial owner such as Liljedahlsbolagen.'
Industri Kapital manages close to €4bn in fund commitments.
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