Seafire AB

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Seafire AB
Investment Company
Acquired 100% of Business Operations
Pexymek AB
Producer of antenna mounts & cable clamps

IMAP advises Pexymek AB, a supplier of antenna mounts, cable clamps, cable protection and cold defects, on sale to Seafire AB

Pexymek is a leading supplier of antenna mounts, cable clamps, cable protection and cold defects. The company also have a significant contract production in pipe bending, sheet metal punching, edge pressing, assembly, and packaging. The company also take care of all types of surface treatment through close cooperation with subcontractors in the local area. Pexymek is expected to have sales of approximately SEK 44 million with an EBITDA margin of more than SEK 10 million in 2021. The sellers will continue in their operational roles after the acquisition.


“We are pleased to have been entrusted to continue developing Pexymek. The company has a complete product portfolio in growing markets for antenna, electrical and fiber installation. At the same time, the company has a modern machine park and efficient production that provides good margins. The company is now well positioned for sales growth and market expansion”, says Johan Bennarsten, CEO Seafire.


Pexymek AB was established in 1969 and the company currently has 19 employees with operations in Falkenberg. The company is a leading supplier of cable protection, cable clamps, antenna mounts and cold defects. Pexymek also has significant contract production in pipe bending, sheet metal punching and edge pressing.


“It is with great pleasure that we welcome Seafire as the new owner of Pexymek. We look forward to developing the business together with Seafire and we know that Seafire will contribute resources that enable continued expansion for the company, says Peter Stenberg, CEO of Pexymek.


Seafire is a company group generating growth through the acquisition of profitable companies with an active and long-term ownership strategy. The company was founded in 2016 and focuses on acquiring profitable, smaller companies with development potential. Following the acquisition, Seafire has a portfolio of eight companies and sales of approximately SEK 467 million pro forma.


“It has been an extremely interesting and educational process in many ways for us. Having an experienced and competent advisor like IMAP has made us feel very safe throughout the process. Jörgen and the entire team at IMAP have supported and guided us through the entire process and they have created a good process structure and conditions for a successful transaction. We are convinced that through IMAP's involvement, we have gained both a higher valuation and more beneficial terms.”, Says Björn Torstensson, Pexymek.


IMAP advised the sellers throughout the process.

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