Defensor intends to continuously evaluate potential further investments and acquisitions in the Nordic defense industry, has a clear ambition to create long-term value, and is seen as a strong candidate for a future IPO
Flat Capital AB (“Flat”) has together with a group of prominent entrepreneurs signed an agreement to make a majority investment in Defensor Group AB (“Defensor”), a new Swedish industrial group with the ambition to build a leading player in the Nordic defense and security industry. Flat invests approx. 458 MSEK in Defensor, using cash available, for an ownership share of approx. 62.5 percent. Defensor simultaneously acquires 70 percent of the shares in ArmaTech i Kungsbacka Aktiebolag (“ArmaTech”) and 70 percent of the shares in SAFE4U Security Of Sweden AB (“SAFE4U”), two specialized defense companies with strong histories and unique positions in their respective fields.
Sebastian Siemiatkowski, Chairman of the Board of Flat: “Europe is facing the biggest rearmament in modern times. Through Defensor, we are building an industry group where prominent entrepreneurs together shape the next generation of defense industry – fast, scalable and adapted to the needs of the new era. As investors, we at Flat look forward to being part of driving an ambitious agenda forward together with the all-star team we have jointly assembled.”
Hanna Andreen, CEO of Flat: “I am very pleased to announce our investment in Defensor. It is an investment that is in line with our communicated strategy, and at the same time different from previous historic investments: We are investing more capital, now as a majority owner, and through Defensor we can be part of building an industry group where leading entrepreneurs together shape the next generation of defense industry. The companies that make up Defensor are resilient, have a history of strong growth and good profitability, and have a foothold in the defense and security world that took decades to build. They have built a tremendously strong foundation positioned for accelerated growth.”
Defensor
Defensor has identified a new generation of defense companies – founded and run by entrepreneurs, engineers and enthusiasts. These companies combine long-term profitability and organic growth with modern ways of working, high adaptability and a responsiveness that is appreciated by customers.
