Author: laurasarvi

Intera invests in pharmaceutical contract development and manufacturing company Galena Pharma. As a new co-owner, Intera will support Galena Pharma’s growth and internationalisation targets.

Galena Pharma is a leading Finnish contract manufacturer focused on developing and manufacturing pharmaceuticals, medical devices and nutritional supplements while offering other related support services. Galena Pharma mostly sells its products to companies that sell pharmaceuticals and healthcare products in Finland and other countries. The company’s revenue in 2020 was over 7 million euros and it employs around 40 people. www.galena.fi

Press release 7.1.2021

Intera Fund II Ky has sold 918,755 shares in NoHo Partners Plc on 9th of October. The number of shares sold represents approximately 4.8 per cent of all the shares in the company. The price was EUR 4.90 per share, resulting in gross proceeds of approximately EUR 4.5 million. After the sale Intera is no longer holding any shares in NoHo Partners Plc.

Intera Fund II L.P. (“Intera”) has today, on 9 September 2020, sold its shares in Kamux Corporation (”Kamux” or the ”Company”) in an accelerated book-building to a limited number of Finnish and international institutional investors (the ”Share Sale”). Intera sold a total of 5,648,596 shares, representing approximately 14.1 per cent of all the shares and votes in the Company. The purchase price in the Share Sale was set at EUR 8.90 per share and the gross sales proceeds amounted to approximately EUR 50.3 million. After the Share Sale, Intera does not own shares in the Company.

”Kamux is an excellent company and a unique growth story. We are delighted that the Company has now a large group of high-quality Finnish and international shareholders. This transaction concludes our ownership period of ca. 9 years”, comments Partner Juhana Kallio from Intera Partners.

Kamux shares were listed in 2017. The total return of the share since IPO based on yesterday’s closing price was 40 per cent. During Intera’s ownership from 2011 Kamux sales increased from ca. €70 million to ca. €700 million. The Company expanded first to Sweden and later to Germany. The founder of the Company, Juha Kalliokoski, has acted as the CEO of the Company from its foundation.

”Kamux has a very strong culture crafted by its management and the whole team. This has enabled the creation of a strong bond between Intera, the Company and its shareholders. Kamux has a strong team and a winning concept for international markets”, says Intera Partners CEO Jokke Paananen, who has been responsible for Kamux investment since 2011.

”We strongly believe that the successful growth story of Kamux continues”, says Kallio.

Danske Bank A/S, Finland Branch and Skandinaviska Enskilda Banken AB (publ) Helsinki Branch acted as the Joint Bookrunners in the Share Sale.

Press release 9.9.2020

Intera Fund II Ky has placed 2.75 million shares in Kamux Corporation, representing approximately 6.9 per cent of all the shares in the Company, in an accelerated bookbuild offering to Finnish and international institutional investors. The price was EUR 6.8 per share, resulting in gross proceeds of approximately EUR 18.7 million. After the sale, Intera’s holding in Kamux represents approximately 14.1 per cent of the shares in Kamux.

Press release 24.6.2020

 

PHM Group (“PHM”), owned by funds managed by Intera and Norvestor, has signed an agreement to acquire Kotikatu Holding Oy (“Kotikatu”). Kotikatu is one of the leading property maintenance service providers in Finland together with PHM. The transaction creates a fast growing Nordic residential property maintenance services group with around 2,750 employees and combined revenue of almost EUR 250 million. The transaction is subject to approval from the Finnish Competition and Consumer Authority and is expected to close during Q3 2020.

Press release 10.6.2020

Intera Fund III Ky has signed an agreement to sell part of its shares in portfolio company PHM Group to a fund managed by Norvestor. Norvestor is a Nordic private equity investor headquartered in Oslo, Norway. PHM is the fastest growing property maintenance service provider in Finland serving both residential and commercial customers. During 2019 the company expanded to Sweden, which contributes around 40% of PHM Group’s 120 million euro revenue.

The transaction helps PHM Group accelerate its growth in the Nordic facility maintenance market. The deal is expected to be completed during spring 2020 after approval from competition authorities.

Press release 11.03.2020

Intera Fund I Ky has sold its shares in berry and game meat producer Polarica to an investor consortium. During Intera ownership the company’s structure, operational processes as well as sourcing channel ESG practices were strengthened.

Intera Fund II Ky has placed 3.35 million shares in Kamux Corporation, representing approximately 8.4 per cent of all the shares in the Company, in an accelerated bookbuild offering to Finnish and international institutional investors. The price was EUR 6.6 per share, resulting in gross proceeds of approximately EUR 22 million. After the sale, Intera’s holding in Kamux represents approximately 21 per cent of the shares in Kamux.

 

Press release 12.12.2019