Become part of Vestum
We employ an opportunistic acquisition strategy, but we only acquire well-managed and successful companies that can be developed to become even stronger with the help of our experience, knowledge, network and expertise. Our three guiding principles are entrepreneurship, decentralization and long-term planning.
We take a long-term approach toward value creation and in general never divest a company.
We believe we stand apart from many other acquisition-driven companies by making use of the valuable lessons from our vast experience. That is highlighted by the fact that our Group management has been involved in a total of more than 50 company acquisitions and also co-founded a number of companies.
We have used that experience to develop an acquisition model for identifying and evaluating potential acquisitions as well as the implementation and follow-up strategies for the acquired company:
We strive to engage in continuous discussions with interesting acquisition candidates, both directly and through advisers. In total, we evaluate more than 100 companies each year.
Vestum evaluates potential acquisitions based on a number of parameters to create a deeper understanding of the company’s business model, risks, market position, competitive landscape, financial history and prospects, as well as the continued commitment of key personnel. During the evaluation process, Vestum formulates a value-creation hypothesis for how we can help drive profitable growth.
During the implementation phase, Vestum conducts a commercial, legal and financial screening of the target company, followed by negotiations and signing of the agreement.
After the acquisition has been completed, a plan is developed for how the business can best be incorporated into the Group to maximize the benefits of being part of Vestum. In addition to working together on strategic issues that arise, the acquired company's management maintains a continuous dialogue with the Group management. The focus of day-to-day management is on growth, profitability and working capital.
The benefits of being part of Vestum
We support our subsidiaries with industrial and technical know-how, and address issues concerning strategy, processes and implementation. To do so, we often make use of our network of industry specialists that we have developed over the years.
We work actively to stimulate skills-development and knowledge-transfer between our companies and support personal development for both executives and other staff.
Having Vestum as an owner means that companies get an owner with a long-term approach for value creation.
We strive to achieve best-practice by applying repeatable proven methods and professional standards in all companies.
At Vestum, companies are met by people who support and help each other’s development. Our culture is characterized by competitiveness, entrepreneurship and humility.
In the latest issue of Affärsvärlden, Conny Ryk is interviewed about Vestum. You can read the interview on the web or in the physical issue that comes out on September 5.
Conny Ryk (CEO) is a guest on the latest podcast Banking with Daniel.
As Vestum releases its Q2 report, Conny Ryk (CEO) joins Di TV on Friday morning at 08:45 to talk about it.
Vestum's interim report for Q2 is released today. Download and read it here and watch the video (Swedish) regarding the report.
Vestum has joined the UN Global Compact – a platform for management, development, implementation and reporting of responsible business practices.
Vestum has agreed to acquire 100% of the shares in Isodrän AB and MDT Markvaruhuset AB. The companies will be included in Vestum’s Infrastructure segment. The acquisition is subject to customary closing conditions, including merger control clearance.
Today we welcome Akershus Elektro to Vestum! Akershus Elektro is our first acquisition in electrical installations in Norway, and the sixth for Vestum overall.