Swedish Price disconnect

Investor

Market Cap: SEK 1.1t

A private equity firm specializing in mature, middle market, buyouts and growth capital investments.

AB Industrivärden

Market Cap: SEK 210.8b

AB Industrivärden is a publicly owned investment manager.

Essity

Market Cap: SEK 169.2b

Develops, produces, and sells hygiene and health products and services in Europe, North and Latin America, Asia, and internationally.

NOBA Bank Group

Market Cap: SEK 43.2b

Provides financial and banking products and services in Sweden, Norway, Finland, Denmark, Germany, Spain, Ireland, and the Netherlands.

Camurus

Market Cap: SEK 30.7b

A biopharmaceutical company, develops and commercializes medicines for severe and chronic diseases in Europe, Africa, the Middle East, North America, and Asia.

Medicover

Market Cap: SEK 28.8b

Provides healthcare and diagnostic services in Poland, Sweden, and internationally.

Bravida Holding

Market Cap: SEK 21.4b

Provides technical services and installations for buildings and industrial facilities in Sweden, Norway, Denmark, and Finland.

Hacksaw

Market Cap: SEK 18.0b

Operates as a B2B technology platform and game development company in Sweden and Czech Republic.

Norion Bank

Market Cap: SEK 10.7b

Provides financial solutions for medium-sized corporates and real estate companies, merchants, and private individuals in Sweden, Germany, Norway, Denmark, Finland, and internationally.

Hanza

Market Cap: SEK 9.9b

Provides contract manufacturing solutions in Sweden, Finland, Estonia, Germany, Poland, the Czech Republic, rest of the European Union, Norway, rest of Europe, North America, and internationally.

Storytel

Market Cap: SEK 7.3b

Provides audiobooks and e-books streaming services.

Karnov Group

Market Cap: SEK 6.9b

Provides information and workflow solutions in Denmark, Sweden, Norway, France, Spain, and Portugal.

Volati

Market Cap: SEK 6.8b

A private equity firm specializing in growth capital, buyouts, add on acquisitions in mature and middle market companies.

Zinzino

Market Cap: SEK 5.9b

A direct sales company, provides dietary supplements and skincare products in Sweden and internationally.

Coor Service Management Holding

Market Cap: SEK 5.7b

Provides facility management services in Sweden, Denmark, Norway, and Finland.

Kopparbergs Bryggeri

Market Cap: SEK 2.3b

Manufactures, distributes, and sells water, soft drinks, beer, cider, wine, and spirits in Sweden and internationally.

Humana

Market Cap: SEK 2.3b

Provides individual and family care services for children and adults in Sweden, Finland, Norway, and Denmark.

Saniona

Market Cap: SEK 2.2b

A clinical-stage biopharmaceutical company, engages in the research, development, and commercialization of treatments for rare disease patients in Sweden, the United States, Germany, Denmark, and the United Kingdom.

ByggPartner Gruppen

Market Cap: SEK 1.9b

Operates as a construction company in Sweden.

WS WeSports Group

Market Cap: SEK 1.8b

Distributes sports and leisure equipment in Sweden.

Exsitec Holding

Market Cap: SEK 1.4b

Provides digital solutions to medium-sized companies in Sweden, Norway, Denmark, and Finland.

Micro Systemation

Market Cap: SEK 1.2b

Provides forensic technology for mobile device examination and analysis in Sweden and internationally.

Cantargia

Market Cap: SEK 974.6m

A biotechnology company, develops pharmaceuticals for treatment of cancer, inflammatory, and autoimmune diseases.

Veteranpoolen

Market Cap: SEK 898.8m

Operates as a staffing company.

Embellence Group

Market Cap: SEK 842.7m

Provides interior decoration products worldwide.

InfraCom Group

Market Cap: SEK 798.7m

Provides IT security, office IT, telephony, and server as a service solutions in Sweden.

Alcadon Group

Market Cap: SEK 777.0m

Provides data and telecommunication products and systems in Sweden, Norway, Denmark, Germany, the United Kingdom, and the Benelux.

SEHED Byggmästargruppen

Market Cap: SEK 718.4m

Provides comprehensive construction and renovation services.

Railcare Group

Market Cap: SEK 687.5m

Provides railway maintenance services in the Sweden.

Botnia Gold

Market Cap: SEK 550.1m

Engages in the exploration of precious and base metals in Sweden.

Cedergrenska

Market Cap: SEK 479.8m

Provides education services in Sweden.

Guldbrev Holding

Market Cap: SEK 461.9m

Guldbrev Holding AB (publ) purchases and recycles gold and jewelry from private individuals primarily in Sweden, Norway, and Finland.

Generic Sweden

Market Cap: SEK 427.8m

A technology company, provides messaging services for all applications.

White Pearl Technology Group

Market Cap: SEK 427.7m

Engages in selling various technology solutions and products in Sweden, Africa, the Middle East, Asia, and Latin America.

Sprint Bioscience

Market Cap: SEK 386.2m

A pharmaceutical company, engages in the development of pharmaceutical products in the areas of cancer in Sweden.

AVTECH Sweden

Market Cap: SEK 380.1m

Engages in the development and sale of products and services for digital air traffic control systems.