NAXS AB has invested SEK 9,000,000 in Euroatlas Holding GmbH ("Euroatlas"), a German defence technology company, as a co-investment alongside Mimir, a manager specializing in corporate carve-outs.
Euroatlas develops technology in four areas: underwater autonomy, power electronics, day and night vision systems, and counter-drone systems.
Euroatlas is an existing holding of Mimir Industries AB, a fund vehicle managed by Mimir in which NAXS is already an investor. The co-investment is made through a separate vehicle, Mimir EA Holding II AB, and involves no management fee and no carried interest.
For further information, please refer to: https://euroatlas.com
Contact information:
Amaury de Poret, CEO
Telephone: +46 735111735
This press release and further information is available on the Company's website: www.naxs.se
NAXS AB (publ)
Corp. Reg. No. 556712-2972
Nybrogatan 6
114 34 Stockholm, Sweden
E-mail: info@naxs.se
Established in 2007, NAXS is an investment company listed on Nasdaq Stockholm with a portfolio of Nordic private equity investments. The Company aims to maximize value from its existing portfolio while selectively deploying capital to enhance shareholder returns. More information is available on www.naxs.se
https://news.cision.com/naxs-ab/r/naxs-co-invests-sek-9-million-in-german-defence-technology-company-euroatlas,c4397003
https://mb.cision.com/Main/21307/4397003/4273180.pdf
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