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Litorina

Medium
Not on record · Founded 1998 · Website
Consolidation of fragmented marketsInternational expansionRolling out successful concepts in new marketsActive ownershipBusiness servicesConsumer sectors
Last verified
11/3/2026

Firm Overview

37
Portfolio tracked
2
Sectors
0
Regions
11/3/2026
Last verified

Litorina invests in profitable Nordic niche market leading companies with sales between EUR 10-100m. The firm acts as an active owner, focusing on business services and consumer sectors to support companies in reaching their full potential through a growth-focused agenda.

Litorina is an active partner for value creation that has partnered with entrepreneurs since 1998. The firm targets well-managed companies with headquarters in the Nordics and a clear value creation agenda. The team contributes capital, experience, and a network of advisors to support management teams through a well-defined framework known as the Litorina playbook.

The investment strategy aims to double the size of portfolio companies within four to seven years. Value is created through the consolidation of fragmented markets, rolling out successful concepts in new markets, and international expansion. Litorina typically supports specific projects and challenges companies through active board roles to drive a growth-focused business agenda.

Founded1998
StrategiesConsolidation of fragmented markets, International expansion, Rolling out successful concepts in new markets, Active ownership
Sector focusBusiness services, Consumer sectors

Leadership

Lars Verneholt
Managing Partner
Magnus Ressel
Partner
Mattias Letmark
Partner
Paul Steene
Partner
Andreas Nyberg
Director
Tero Merentie
Director
Erik Holmberg
Interim CFO
Kristian Holmström
Senior Advisor

Deals on record

7 on record in the index
Platform investment

Litorina acquired Pelly Industrier Holding AB

Date not stated
Source: vinge.se
Platform investment

Litorina acquired Pelly Industrier Holding

Date not stated
Source: vinge.se

Deals are listed only where a public source names both sides. Submit a correction.

Portfolio on record

Portfolio by sector
  • Consumer16 of 37
  • Business Services14 of 37
  • Unclassified7 of 37

37 portfolio companies on record in the index, grouped by sector hub.

Current and exited
Current: 10 of 37Exited: 27 of 37
Portfolio size among all firms

37 companies on record, more than 55% of the 405 firms in the index.

0885 companies (log scale)

Portfolio Companies

CompanySectorStatusWebsite
AMAteljé MargarethaConsumerExitedNot on record
BBrödernasConsumerExitedNot on record
BBTJBusiness servicesExitedNot on record
CCCare of CarlConsumerCurrentNot on record
CCederrothConsumerExitedNot on record
CCoromatic GroupBusiness servicesExitedNot on record
DDigproBusiness servicesCurrentNot on record
EEmbellence GroupConsumerExitedNot on record
EEtonConsumerExitedNot on record
EEurofloristConsumerExitedNot on record
FFiskarhedenvillanConsumerExitedNot on record
FFractalConsumerExitedNot on record
FFresksBusiness servicesExitedNot on record
GGrollsBusiness servicesExitedNot on record
IImplemaBusiness servicesCurrentNot on record
JIJohan i Hallen & BergfalkBusiness servicesExitedNot on record
KKungSängenConsumerExitedNot on record
LLayer GroupBusiness servicesCurrentNot on record
LSLeo’s LeklandConsumerCurrentNot on record
LLLGT LogisticsBusiness servicesExitedNot on record
LLimbraConsumerCurrentNot on record
MmySafetyConsumerExitedNot on record
NNEWSNot on recordExitedNot on record
N0NN.07ConsumerCurrentNot on record
NNorthcleanBusiness servicesCurrentNot on record
OOcayBusiness servicesExitedNot on record
PPahlénNot on recordExitedNot on record
PPAXNot on recordExitedNot on record
PPellyNot on recordExitedNot on record
QMQ-MaticNot on recordExitedNot on record
RRugVistaConsumerExitedNot on record
SSellPowerBusiness servicesCurrentNot on record
SSemantixBusiness servicesExitedNot on record
SYSushi YamaConsumerCurrentNot on record
SDSveba DahlenNot on recordExitedNot on record
TTextiliaBusiness servicesExitedNot on record
TToleransNot on recordExitedNot on record

Source: https://litorina.se/investments/

Firms that also back Litorina's companies

Co-investor web
LitorinaQuiet CapitalQuiet Capital: 1 shared companies on record

Line width shows shared portfolio companies on record in the index. Top 1 co-investors shown.

Questions about Litorina

What deals has Litorina done recently?
The most recent deal on record here is: Litorina acquired Implema (2022-08-26). This page lists 7 deals, each with its public source.
Sources for this profile, updated 2026-11-02
This profile is based on publicly available information and may be incomplete or outdated. PE Firm Index is not affiliated with Litorina and does not provide investment advice.

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