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An announcement from Netel Holding AB ( (SE:NETEL) ) is now available.
Cinnamon International S.à r.l., associated with IK Partners, has sold its entire 46.7% stake in Netel Holding AB to a diverse group of investors, including Netel’s CEO and CFO, reflecting strong confidence in the company’s future. This transaction marks IK Partners’ exit from Netel, while the company’s leadership and new stakeholders express commitment to continuing Netel’s strategic growth as a specialist in critical infrastructure in Northern Europe.
The most recent analyst rating on (SE:NETEL) stock is a Buy with a SEK26.00 price target. To see the full list of analyst forecasts on Netel Holding AB stock, see the SE:NETEL Stock Forecast page.
More about Netel Holding AB
Netel Holding AB is a leading company with 25 years of experience in the development and maintenance of critical infrastructure within Infraservices, Power, and Telecom sectors in Northern Europe. The company is involved in the entire value chain from design to maintenance of customer facilities and reported net sales of SEK 3,300 million in 2024. Netel is listed on Nasdaq Stockholm since 2021 and employs about 840 people.
Average Trading Volume: 66,411
Current Market Cap: SEK505.5M
Find detailed analytics on NETEL stock on TipRanks’ Stock Analysis page.