Axon, through its Growth investment strategy, announces its participation as a cornerstone investor ahead of the process of going public of Arenit Industries (“Arenit”), a fast-growing industrial solutions company specialising in precision manufacturing. This investment is fully aligned with Axon’s strategy of supporting high-quality companies with strong fundamentals, scalable platforms, and clearly defined value creation roadmaps at pivotal moments in their growth trajectory.
The IPO implies a pre-money equity valuation of approximately SEK 1.39 billion (c. €120 million), with gross proceeds of around SEK 450 million (c. €40 million). The company’s differentiated technology platform and solid order backlog position it for accelerated growth in both domestic and international markets. Arenit has developed an active pipeline of acquisition targets and intends to deploy a significant portion of the IPO proceeds to continue executing its inorganic growth strategy, while also expanding production capacity to further strengthen its leadership in niche industrial segments.
We are pleased to support Arenit Industries at this important milestone,´ said Francisco Velázquez, Axon Managing Partner; `Arenit represents the type of forward-looking industrial platform we seek to partner with, combining strong fundamentals, proven execution capabilities, and a clear vision for sustainable growth. We believe the company is well positioned to deliver long-term value to shareholders.
