WE BUILD STRONG COMPANIES.
We are an investment company with a long-term strategy. We acquire companies with great potential for growth and profitability. In the next step we are an active partner for developing and strengthening the business.
We never intend to make quick deals. When we invest we do so with responsibility and respect for the expertise in the company. At the same time, our ambitious business objective is to double the value of invested capital every five years.
We invest with responsibility.
Our task is to create new business areas within Stena. We accomplish this task through long-term investments and by actively participating in companies where we see high potential for growth and profitability.
The value of our investments shall double every five years. This objective requires a long-term commitment, during which we build strong companies. By striving toward our vision, we will also be perceived as an attractive owner that continually creates high value growth.
Our culture is our success.
Our values are the starting point for all of our work. As part of the Stena sphere we share the same core values as all companies within Stena. Care, innovation and efficient performance are the three overarching concepts that link Stena’s business areas to form a common culture. They help us to achieve basic objectives within the values that are crucial for our competitiveness and our long-term survival. Clear values that are embraced by the organization inspire and guide both large and small decisions involving business partners, employees and other stakeholders.
Growth in generations.
In 1939, Sten Allan Olsson founded Handelsbolaget Sten A Olsson Metallprodukter, which laid the foundation for what is today the Stena Sphere. Since its inception, Stena has developed into an international Group with operations in large parts of the world. The Stena Sphere includes the three wholly owned parent companies Stena AB, Stena Sessan AB and Stena Metall AB, as well as their wholly and partly owned subsidiaries. Together they comprise one of Sweden’s largest family-owned corporate groups. The head offices for all three parent companies are located in Gothenburg.
Stena Sessan was founded in 1981 when Stena acquired the Sessan Line. To this day, Stena Sessan continues to be involved with the sea and tanker operations to some extent through its ownership of the listed company Concordia Maritime.
Stena Sessan also had long-term investments early on in business areas other than maritime shipping, such as Beijer Electronics Group, a high-tech innovator active in industrial automation and data communication.
One of Stena Sessan’s most significant investments was a 21-percent ownership stake in the Swedish pharmaceutical company Meda, which was sold to the US pharmaceutical company Mylan in August 2016. At that time, the deal was the second largest sale of a company on the Stockholm Stock Exchange to date.
In recent years, Stena Sessan has invested in Scandic Hotels, the largest hotel operator in the Nordic region, and is now the second largest shareholder in the company.
In recent years Stena Sessan has also become a significant property owner through its newly started subsidiary Stena Sessan Fastighets AB, which owns residential properties in Gothenburg, Stockholm and Uppsala. The portfolio includes almost 5,000 apartments totaling about 300,000 square meters.
We help our companies to achieve their potential.
Successful companies share one key trait. They have a strong and talented entrepreneurial management team. As an active owner with a long-term commitment to our companies, we work to ensure that all of our portfolio companies have such conditions in place. We also provide support to the Board of Directors regarding corporate governance, organization, financing, strategy and acquisition analyses. In addition, we participate in the process of defining strategies with a focus on growth and profitability, as well as setting goals for the business. A clear vision, mission and strategy lead to long-term profitability.
Swedish companies with international potential.
We have considerable industrial knowledge, though we do not focus on any particular sector. Our acquisitions are based on reasonable values. We focus primarily on Swedish companies with international operations, or with international potential.
We invest for the long term, with no exit horizon. We support add-on acquisitions and expansion investments in our portfolio companies, and actively participate in the establishment of professional, cost-effective internal processes.
To meet our investment criteria the companies should have sales greater than SEK 500 million and a positive cash flow, a well-established organization, a broad customer base and a management team with a track record and documented qualifications. In addition, the market in which the company is active must demonstrate strong and stable organic growth, with potential for add-on acquisitions. The company should hold a leading position linked to its niche or geography, as well as a strong brand.
We are part of the Stena Group.
The Stena Group is one of Sweden’s largest family-owned corporate groups. The sphere includes the three wholly owned parent companies Stena AB, Stena Sessan AB and Stena Metall AB. They all have their headquarters in Gothenburg.