- CEO
- Karl-Emil Engström
- Full Time Employees
- 942
- Sector
- Finance
- Industry
- Financial conglomerates
- Address
- Kungsgatan 37 Stockholm AB Sweden 11156
- IPO Date
- Mar 25, 2021
- Business
- Idun Industrier AB (publ) is a Sweden-based investment holding company that acquires, develops and owns small and medium-sized industrial and service companies primarily in niche markets with high entry barriers. Founded in 2013 and headquartered in Stockholm, the company operates through approximately 18 independent group companies across manufacturing and service & maintenance segments, with activities spanning Sweden, other Nordic countries, rest of Europe and select international markets including the US, Germany and Estonia; it serves diverse customers such as industrial firms, commercial kitchens, agriculture, utilities, funeral industry, schools and heavy machinery operators. Core products and services encompass glass fiber reinforced fat- and oil separators plus concrete separators (BIA CleanTech); stainless-steel furnishings, kitchen machines, stoves, heating cabinets and related commercial kitchen equipment (Culina Products, Molins Rostfria); coffins, urns and funeral products (Fredahl Rydéns); micronutrients, fertilizers and soil/water/plant analyses for growers, farmers, golf courses and peat producers (LMI NoroTec, Agrum); safety and evaluator services for retail chains (Better Business); preventive maintenance for high-voltage substations (EKAB); mechanical components and machine parts distribution (Eugen Wiberger); air and flue gas emission measurements (ILEMA); grips, grapples, weighing systems and load attachments for heavy vehicles (Intermercato); actuators for tail lifts (Kjellbergs); identity products including sports water bottles and reflectors (Prident); learning and competence management tools for industry and vocational schools (P&L Nordic, 2B Best Business); wooden workbenches and cabinets for schools (Sjöbergs); industrial maintenance for pumps, pipes, coatings and seals (Ståthöga MA Teknik); rollers and mechanical components manufacturing plus maintenance (Triton Valsteknik); small hydropower turbines manufacturing, refurbishment and maintenance (TURAB); and related holdings like Stegaföretagen for further small company investments. Recent developments include increased ownership stakes in 2024 in key subsidiaries such as Intermercato, Culina Products, BIA CleanTech and P&L Nordic through follow-on investments; an add-on acquisition in autumn 2024 by LMI of a forest pest control business; full acquisition by Eugen Wiberger of hydrometallurgy specialist Meab Stainless; and expansion outside the Nordics via the 2025 purchase of Estonian funeral services firm Barem OÜ with its subsidiaries Forsius Matusebüroo and Puidu Taavet, marking Idun's first non-Nordic platform investment alongside ongoing bolt-on activity to mature portfolio companies.