About Karnell
Karnell is a company based in Solna (Sweden) founded in 2008 by Patrik Rignell.. The company has 671 employees as of December 31, 2024. Karnell has completed 5 acquisitions, including Eton Systems, Kasthall and SIMFAS. Karnell offers products and services including Strategic Partnership and Portfolio Management.
- Headquarter Solna, Sweden
- Employees 671 as on 31 Dec, 2024
- Founders Patrik Rignell
- Stage Public
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Social
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- Legal Name Karnell Group Ab Class B
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Annual Revenue
$126.93 M (USD)27.1as on Dec 31, 2024
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Net Profit
$7.03 M (USD)0.17as on Dec 31, 2024
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EBITDA
$20.48 M (USD)25.51as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
671
as on Dec 31, 2024
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Investments & Acquisitions
Eton Systems
& 4 more
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IPO & Listings of Karnell
Karnell is a publicly listed company on the OMXSTO with ticker symbol KARNEL_B in Sweden, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Karnell
Karnell offers a comprehensive portfolio of products and services, including Strategic Partnership and Portfolio Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Strategic and financial support is provided to industrial companies for long-term development and market enhancement.
A group of industrial technology companies is managed by Karnell to foster growth and stability.
Funding Insights of Karnell
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Karnell
Karnell has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Eton Systems, Kasthall and SIMFAS. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of industrial welding, laser cutting, edging, machining, assembly, and painting services
|
1999 | ||||
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Putty, glue, and joint products are manufactured in Sweden.
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1974 | ||||
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Manufacturer of material handling systems
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1967 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Karnell
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Karnell Comparisons
Competitors of Karnell
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Karnell
Frequently Asked Questions about Karnell
When was Karnell founded?
Karnell was founded in 2008.
Where is Karnell located?
Karnell is headquartered in Solna, Sweden.
Who is the current CEO of Karnell?
Petter Moldenius is the current CEO of Karnell.
How many employees does Karnell have?
As of Dec 31, 2024, the latest employee count at Karnell is 671.
What is the annual revenue of Karnell?
Annual revenue of Karnell is $126.93M as on Dec 31, 2024.
What does Karnell do?
Karnell was established in 2008 and is headquartered in Solna, Sweden. Focus is placed on private equity investments within the Nordic region. Operations involve acquiring and developing companies across various sectors. Leadership is provided by a team including founder Patrik Rignell as partner and chairman, alongside CFO Lars Neret and CEO Petter Moldenius. Board members such as Hans Karlander and Lena Wappling contribute to oversight and advisory roles.
What products or services does Karnell offer?
Karnell offers Strategic Partnership and Portfolio Management.
Is Karnell publicly traded?
Yes, Karnell is publicly traded on OMXSTO under the ticker symbol KARNEL_B.
How many acquisitions has Karnell made?
Karnell has made 5 acquisitions, including Eton Systems, Kasthall, and SIMFAS.
What is Karnell's ticker symbol?
The ticker symbol of Karnell is KARNEL_B on OMXSTO.