Browsing Tag
Stockholm
27 posts
ASSA ABLOY to sell $58m PKI business to Vista Equity Partners as HID sharpens focus
Sweden's ASSA ABLOY has agreed to divest HID's public key infrastructure business, including IdenTrust, HydrantID and ZeroSSL, to software investor Vista Equity Partners. The business generated $58 million in 2025 revenue, but the undisclosed purchase price leaves the transaction's valuation and financial return unclear.
H&M profit jumps 23% as cost cuts work but sales growth remains stuck at 1%
H&M beat profit expectations and widened gross margin in its third quarter, but September guidance suggests its top-line recovery remains much slower than its profitability improvement.
Alfa Laval joins Stockholm Exergi’s carbon removal project as Saipem moves €600m BECCS build deeper into procurement
Alfa Laval will supply heat-transfer equipment to Stockholm Exergi’s BECCS project, adding another industrial supplier to a €600 million Saipem-led build designed to permanently remove up to 800,000 tonnes of biogenic carbon dioxide annually.
Truecaller completes $15m TextPlus acquisition to expand U.S. communications platform
Truecaller has completed its $15 million acquisition of TextPlus, adding about 1.5 million monthly active users and a U.S.-focused VoIP and second-number platform as advertising revenue remains under pressure.
Why Viva Wine’s SEK3.45bn takeover arrives as acquisitions grow revenue but organic sales decline
Viva Wine’s SEK3.45bn takeover has regulatory clearance, but the 90% acceptance threshold now decides whether the Swedish wine group actually goes private.
Lovable is now worth $13.3bn, but its biggest test starts after the app is built
Swedish AI software company Lovable has doubled its valuation to $13.3 billion just eight months after its previous funding round. The $400 million Series C gives Lovable more capital to turn AI-assisted app creation into a broader platform for running businesses, but the valuation increasingly depends on revenue quality, infrastructure economics and enterprise adoption rather than headline project creation.
Einride targets North American charging scale with Flipturn energy software acquisition
Einride’s $38.4 million Flipturn acquisition strengthens ENRD’s electric freight platform with EV charging software and energy management.
Norwegian Air targets Nordic Leisure Travel Group as NAS investors weigh dilution risk
Find out how Norwegian Air’s SEK 7.94bn Nordic Leisure deal could reshape NAS stock, airline margins and Nordic holiday travel.
Einride stock surges in Nasdaq debut as $ENRD tests investor appetite for electric freight
Find out how Einride’s Nasdaq debut could reshape autonomous freight, ENRD stock sentiment and the electric trucking market.
Sweden’s plan to jail 13-year-olds shows how gang violence is reshaping Europe’s justice debate
Sweden’s gang crisis has reached children. Lowering criminal responsibility to 13 may test Europe’s faith in welfare-first justice.