Paradigm Capital Value Fund SICAV, managed by Paradigm Capital AG acquired additional 6.026121% stake in Jetpak Top Holding AB (OM:JETPAK) for SEK 58 million.
January 21, 2024
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Paradigm Capital Value Fund SICAV, managed by Paradigm Capital AG acquired additional 6.026121% stake in Jetpak Top Holding AB (publ) (OM:JETPAK) for SEK 58 million on January 22, 2024. The offer price per share is SEK 79 for 734,444 shares in Jetpak. Paradigm Capital now with its subsidiary Paradeigma Partners AB holds more than 30% stake in the company.
Paradigm Capital Value Fund SICAV, managed by Paradigm Capital AG completed the acquisition of additional 6.026121% stake in Jetpak Top Holding AB (publ) (OM:JETPAK) on January 22, 2024.
Jetpak Top Holding AB (publ) is a Sweden-based holding company of the Jetpak Group, a logistics and delivery provider. The Company provides time-critical express deliveries in the Nordic region, as well as several other European countries. It specializes in flight-based, door-to-door, long-distance deliveries aimed primarily at the business to business (B2B) sector. The Company's uses its information technology (IT) platform JENA to find the optimal transport route, combining air and road transport. The Company operates through two segments: Express Ad-hoc and Express Systemized. Express Ad-hoc segment comprises ad-hoc orders for flexible and time-critical courier services. Express Systemized segment comprises systematic orders for parcel shipments. The Company's point-to-point network covers more than 150 locations.
Paradigm Capital Value Fund SICAV, managed by Paradigm Capital AG acquired additional 6.026121% stake in Jetpak Top Holding AB (OM: JETPAK) for SEK 58 million.