ProvideU

Vasteras, Sweden Founded: 2008 • Age: 18 yrs Acquired By Novedo
Supplier of mechanical and plastic components

About ProvideU

ProvideU is an Industrial Goods & Manufacturing company based in Vasteras (Sweden) founded in 2008, and was acquired by Novedo in January 2022. Supplier of mechanical and plastic components. ProvideU has completed 1 acquisition, including Elektronik Mekanik. Its chief executive, as recorded, is Fredrik Forngren. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services. Its legal entity is ProvideU AB.

Company details

ProvideU was established in 2008 in Vasteras, Sweden, as a supplier within the manufacturing sector. Mechanical and plastic components are provided for various applications, supporting assembly and production processes. Operations are centered in Vasteras, where sourcing, quality control, and distribution occur. Leadership is provided by CEO Fredrik Forngren, ensuring focus on component reliability for European markets.

  • Headquarters Vasteras, Sweden
  • Stage Acquired
  • Sectors
    Industrial Goods & Manufacturing
  • Email
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  • Phone
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  • Website provideu.com/en
  • Social LinkedIn Facebook Instagram
  • Acquired by Novedo (Jan 2022)
  • Legal Name Provideu Ab
Key Metrics

Investors in ProvideU

ProvideU has secured backing from 1 investor. Prominent investors backing the company include Novedo.

All
InvestorDescriptionFounded YearDomainLocation
Operations are diversified across multiple industries in a conglomerate structure.
2020novedo.seStockholm, Sweden
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Investor details for ProvideU

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  • Round participation
  • Investor portfolios
  • Co-investor network

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People of ProvideU

1 people are tracked at ProvideU (1 in leadership).

NameRoleGroup
Fredrik Forngren
CEOLeadership
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Complete people profiles for ProvideU

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Investments & Acquisitions by ProvideU

ProvideU has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Elektronik Mekanik.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Circuit boards and electronic products are designed and manufactured.
elektronikmekanik.seVasteras, Sweden2001Jul 2022β€’β€’β€’β€’
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Complete acquisition details for ProvideU

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  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

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Timeline of ProvideU

3 dated milestones of ProvideU across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded ProvideU is founded.
  2. Exit Acquired by Novedo.
  3. Acquisition Acquires Elektronik Mekanik.
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Frequently Asked Questions about ProvideU

ProvideU was founded in 2008.

ProvideU is headquartered in Vasteras, Sweden. It is registered at Vasteras, Vastmanland, Sweden.

Fredrik Forngren is the CEO of ProvideU, as recorded in our data.

ProvideU was established in 2008 in Vasteras, Sweden, as a supplier within the manufacturing sector. Mechanical and plastic components are provided for various applications, supporting assembly and production processes. Operations are centered in Vasteras, where sourcing, quality control, and distribution occur. Leadership is provided by CEO Fredrik Forngren, ensuring focus on component reliability for European markets.

ProvideU has made 1 acquisition, including Elektronik Mekanik.

ProvideU has 1 investor. Key investors include Novedo.

ProvideU operates through Provideu Ab.

Yes. ProvideU was acquired by Novedo in January 2022.

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