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Fortnox AB Elects New Board Amid Ownership Shift

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Fortnox AB Elects New Board Amid Ownership Shift

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Fortnox AB ( (SE:FNOX) ) has provided an announcement.

Fortnox AB held an extraordinary general meeting on July 9, 2025, where a new board of directors was elected, including Harry Klagsbrun as chairman. This meeting was convened at the request of EQT X and First Kraft AB, who now control over 90% of Fortnox shares, indicating a significant shift in the company’s governance and potential strategic direction.

The most recent analyst rating on (SE:FNOX) stock is a Hold with a SEK80.00 price target. To see the full list of analyst forecasts on Fortnox AB stock, see the SE:FNOX Stock Forecast page.

More about Fortnox AB

Fortnox AB is a Swedish business platform that connects people, businesses, and organizations, offering smart technical products, solutions, and services. Established in 2001 and headquartered in Växjö, with offices in Malmö, Linköping, and Stockholm, Fortnox is listed on Nasdaq Stockholm’s main market. The company aims to foster a prosperous society through thriving businesses.

Average Trading Volume: 2,638,100

Current Market Cap: SEK53.79B

For detailed information about FNOX stock, go to TipRanks’ Stock Analysis page.

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