22.01.11 / News
MAQS advised the sellers in the sales of Werionova AB
Eitrium has acquired 100% of the shares in the plastic injection molding company Werinova AB. The sellers - Camilla and Jimmy Ågren have chosen to reinvest part of the purchase price in Eitrium via their company Selvaggio AB - and thus become partners in the company.
Werinova is a Swedish subcontractor of plastic products. The company was founded in 1983 in Bankeryd and has since 2001 had its headquarters and operations in Mullsjö. Werinova mainly offers services in design, construction, injection molding and finishing, where injection molding is the core business. Being environmentally friendly is an important part of the company's operations. Werinova actively tries to contribute to a more sustainable world through e.g. innovation, reuse of plastics, use of biomaterials and metal substitutes. The company had revenues of approximately SEK 70 million during 2020.
“The reason why we chose Eitrium is that they have an autonomous business model where we, as acquired companies, are allowed to continue our business with retained culture. In addition, we believe in the potential of Eitrium,”, says Jimmy Ågren, CEO of Werinova.
MAQS team was lead by Jonas Svahn and further consisted of Joel Lundgren and Emma Engdahl.