MIDAQ presents its interim report for January - June 2023 today, based on the terms agreed with bond investors.
Pamica Group acquires Alfa Mobility
MIDAQ has today divested Alfa Mobility to Pamica Group. Alfa Mobility provides global relocation services and offers public operations, international companies and private individuals a broad portfolio of services within Immigration, Relocation and Move. The operation has offices in 9 locations in the Nordic region, including Stockholm, Copenhagen, Helsinki and Oslo. During the five years MIDAQ has been the owner, the company has experienced strong growth and the net sales in 2022 amounted to SEK 636 million.
"During our years as owners, we have developed Alfa Mobility into a market-leading player in the Nordics, and the company has now grown out of our investment profile. It feels very gratifying to hand over the baton to Pamica Group, which will support the company in its continuing growth and take it to the next level", says Stefan Engdahl CEO of MIDAQ AB.
“Alfa Mobility has demonstrated robust growth in its niche over the last few years, and has positioned itself as a market leader in the Nordic region. We look forward to closely collaborating with Alfa Mobility’s management and employees on promoting Alfa’s continued development by providing additional industrial expertise, active involvement with the Board, and a broad industrial network,” says Jan-Olof Svensson, CEO of Pamica Group.
Pamica Group acquires and develops small and medium-sized companies together with successful entrepreneurs, making them successful in the long term and thus adding value and prosperity. The Group has an eternal ownership horizon with high ambitions for growth – through organic growth and bolt-on acquisitions, and through increasing the number of platform companies.
“With Pamica Group as owner, we are very much looking forward to taking Alfa Mobility to the next level of our development. Pamica’s model involves close partnership with the executives in the companies they own, which will provide Alfa with firm support and new possibilities for expansion and continued strengthening of its position as a market leader in the Nordic region,” says Annika Roupé, CEO of Alfa Mobility.
For further information, please contact:
Stefan Engdahl, MD/CEO
+46 70 269 10 80
Håkan Sundberg, CFO
+46 70 269 10 81