NAXS AB has invested SEK 9,000,000 in Euroatlas Holding GmbH ("Euroatlas"), a German defence technology company, as a co-investment alongside Mimir, a manager specializing in corporate carve-outs.
Euroatlas develops technology in four areas: underwater autonomy, power electronics, day and night vision systems, and counter-drone systems.
Euroatlas is an existing holding of Mimir Industries AB, a fund vehicle managed by Mimir in which NAXS is already an investor. The co-investment is made through a separate vehicle, Mimir EA Holding II AB, and involves no management fee and no carried interest.
For further information, please refer to: https://euroatlas.com
Contact information:
Amaury de Poret, CEO
Telephone: +46 735111735
This press release and further information is available on the Company's website: www.naxs.se
NAXS AB (publ)
Corp. Reg. No. 556712-2972
Nybrogatan 6
114 34 Stockholm, Sweden
E-mail: info@naxs.se
Established in 2007, NAXS is an investment company listed on Nasdaq Stockholm with a portfolio of Nordic private equity investments. The Company aims to maximize value from its existing portfolio while selectively deploying capital to enhance shareholder returns. More information is available on www.naxs.se