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Tången

Full company profile

uuid000vn2k

Namestring
Tången
Legal namestring
Tången Industrikapital AB
Company typeenum
Public
Founded yearint
2020
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersGöteborg, Sweden
HQ citystring
Göteborg
HQ countrystring
Sweden
HQ regionstring
Europe
Markets served

Serves global market

Offices8 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
industrial holding company, portfolio company management, Nordic industrial acquisitions, long-term ownership model, regulatory competence solutions
Product category
Industrial Holding / Diversified Industrial Conglomerate
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Investment returns from portfolio companies
TypeSubscription Recurring
Description

Tången generates returns through acquiring and developing portfolio companies across three business areas: Regulatory Competence, Service, and Industrial Technology. The company takes an active ownership approach, supporting portfolio companies with industrial expertise while allowing them to operate independently.

xn--tngen-mra.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Tången is a Nordic industrial holding company that acquires, develops, and long-term owns niche, medium-sized industrial companies in the Nordic region. The group operates through three business areas: Regulatory Competence (e.g., marine exhaust cleaning, mission-critical communications, public transport systems, ATEX products), Service (e.g., maritime container repairs, building services, material handling), and Industrial Technology (e.g., paint and surface treatment, electronics components, road construction machinery). Each portfolio company operates independently under Tången's decentralized ownership model, with the parent providing strategic support, industrial expertise, and capital.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Tången is a Nordic industrial holding company organized into three business areas: Regulatory Expertise (Regulatorisk kompetens), Service, and Industrial Technology ( Industriteknik). The company acquires, develops, and long-term owns specialized, medium-sized companies in the Nordics. Under Regulatory Expertise, Tången owns: TriNorth (public transport systems integrator), Celab (mission-critical communications), D.E.C. Marine (marine exhaust gas cleaning systems), STT Emtec (marine exhaust systems and engine testing), Malux (technical products for explosive environments), and Aluwave (advanced lighting including Barel explosion-proof components). Under Service, Tången owns: Elfcon (maritime repair services), Göfast Gruppen (building services), and AB Sjuntorp (material handling services). Under Industrial Technology, Tången owns: NSI (paint and surface treatment products), Westcomp (electronics components), and Swemco (road construction equipment).

Product and service12 records
1TriNorth
CategoryPortfolio company / Public transport systems integration
Description

Complete systems integrator for public transport in the Nordics, providing solutions for passenger information, ticket systems, fleet management, child safety, and camera surveillance. Targeted at public transport operators and security-sensitive transit environments.

2Celab Communications
CategoryPortfolio company / Mission-critical communications
Description

Provider of tailored solutions for mission-critical communication, including system integration, operations, support, service, and delivery of professional communication equipment. Serves authorities, public transport, energy, defense, and public safety sectors.

3D.E.C. Marine
CategoryPortfolio company / Marine exhaust gas cleaning
Description

Developer and provider of marine exhaust gas cleaning systems, components, software, and service/after-market services for the global shipping industry, focused on SCR technology solutions.

4STT Emtec
CategoryPortfolio company / Marine exhaust gas cleaning
Description

Marine-sector company developing and producing exhaust gas cleaning systems and key components, with engine testing services for motor manufacturers and shipping companies.

5NSI (Nordic Surface Innovation)
CategoryPortfolio company / Surface treatment products
Description

Developer and producer of paint, cleaning, and other surface treatment products with focus on efficiency, sustainability, high quality, and customized solutions; operates under a House of Brands model.

6Elfcon
CategoryPortfolio company / Maritime repair services
Description

Leading provider of service, maintenance, and repairs for the maritime industry, offering expertise in tank container repairs, container sales, and inspection services.

7Swemco
CategoryPortfolio company / Road construction machinery
Description

Leading manufacturer of large construction machines for paving and asphalt work, specializing in pothole repair machines, aggregate spreaders, and tack coat sprayers, with associated service and aftermarket operations.

8Westcomp
CategoryPortfolio company / Electronics component distribution
Description

Total supplier in the electronics industry focusing on electronic components, material kits, restocking inventory, and sourcing services for electronics manufacturers and industrial customers.

9AB Sjuntorp
CategoryPortfolio company / Industrial material handling
Description

Complete supplier of material handling solutions and production technical services for industry, including heavy handling, machine installations, special tool manufacturing, service, maintenance, renovation, rental, and battery replacement systems.

10Göfast Gruppen
CategoryPortfolio company / Building services
Description

Provider of building services including electrical, plumbing, construction, sheet metal work, and finish carpentry, primarily serving public sector and municipal property companies in the Gothenburg region.

11Malux
CategoryPortfolio company / Technical advisory product sales
Description

Provider of technical advisory product sales for explosive environments, properties, vehicles, and underwater electronics; sells products in Sweden, Finland, Norway, and the Baltic states.

12Aluwave
CategoryPortfolio company / Advanced lighting technology
Description

Provider of advanced lighting technology including explosion-proof electronic components (Barel brand) and customized professional fixtures; serves lighting manufacturers, electrical wholesalers, aircraft manufacturers, and energy companies.

Scale indicator9 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierCoreTypeOthersAnnounced on2026-06-11
Description

Tången's shares were admitted to trading on Nasdaq Stockholm on June 11, 2026, marking an important milestone in the company's history.

Strategic tierMinorTypeOthersAnnounced on2025-09-08
Description

Tången supports Räddningsmissionen as part of their social responsibility initiatives. The partnership includes sponsorship of Fotbollspuls events where surplus revenue goes to Räddningsmissionen's work with social exclusion in Gothenburg.

Strategic tierMinorTypeOthersAnnounced on2025-07-09
Description

KPMG Sweden is a sponsor of Fotbollspuls 2025 event organized by Tången. Other sponsors include MAQS Advokatbyrå and Nordea.

Strategic tierMinorTypeOthersAnnounced on2025-05-15
Description

Greencarrier hosted Tången's 2025 annual general meeting aboard the Ostindiefararen Götheborg, a historic ship that has been central to Gothenburg's business history.

Strategic tierMinorTypeOthersAnnounced on2025-02-25
Description

Tången sponsors IFK Göteborg football club together with portfolio company Göfast Gruppen. IFK Göteborg is more than a football club, working with youth development, community projects and inclusive activities.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Swedish listed industrial group built via a roll-up of niche industrial and consumer businesses with a decentralized structure. Closely comparable in size, acquisition cadence, and decentralized Nordic industrial model.

TypeOthers
Description

Nordic private equity firm focused on mid-market companies across the Nordics, DACH and Benelux. Comparable as a Nordic mid-market acquirer of niche industrials, though structured as a PE fund rather than a permanent industrial holding.

TypeOthers
Description

Nordic private equity investor in mid- and large-cap Nordic companies. Relevant comparand for Tången's Nordic mid-market industrial deal sourcing and operating support infrastructure.

TypeDirect peer
Description

Swedish industrial technology group that acquires and develops niche industrial companies. Highly comparable in decentralized structure, niche-acquisition strategy, and Nordic/European industrial footprint.

TypeDirect peer
Description

Swedish listed industrial components and solutions group with a decentralized, acquisition-driven model. Comparable in serving technical B2B customers across multiple industrial niches.

TypeDirect peer
Description

Swedish listed group that acquires and develops technology and electronics niche businesses. Comparable in decentralized model, technology/industrial niche focus, and acquisition-led growth.

TypeBroad incumbent
Description

Long-established Swedish listed industrial conglomerate owning a broad portfolio of Nordic companies. Comparable as a public Nordic industrial owner, though Ratos typically takes larger and more active stakes than Tången's long-term decentralized model.

TypeDirect peer
Description

Swedish industrial group that owns and develops industrial trading and niche manufacturing businesses. Highly comparable in Nordic industrial acquisition philosophy; Tången's CFO Per Andersson was previously CFO of Bergman & Beving's Industrial Equipment division.

TypeDirect peer
Description

Swedish listed serial acquirer of niche industrial and dental businesses with a decentralized operating model. Most directly comparable to Tången in philosophy (long-term ownership, decentralized subsidiaries, bolt-on M&A) and end-markets (industrial niches across Europe).

TypeDirect peer
Description

Swedish listed industrial and service group with decentralized operations across acquired niche businesses. Comparable in decentralized ownership model and Nordic roll-up approach.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers12 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles14 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries12 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Tången

Industrial Holding / Diversified Industrial Conglomeratexn--tngen-mra.com

Tången firmographics

Firmographics
Name
Tången
Legal name
Tången Industrikapital AB
Website
https://xn--tngen-mra.com
Company type
Public
Founded year
2020
Operating status
Operating
Headcount range
11–50 employees
Ownership category
akta.pro rank

Where Tången is headquartered

Location

Headquarters

HQ city
Göteborg
HQ country
Sweden
HQ region
Europe

Offices8 records

Markets served

Tången business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Investment returns from portfolio companies: Tången generates returns through acquiring and developing portfolio companies across three business areas: Regulatory Competence, Service, and Industrial Technology. The company takes an active ownership approach, supporting portfolio companies with industrial expertise while allowing them to operate independently.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Tången product offering

Product offering

Core offering

Tången is a Nordic industrial holding company that acquires, develops, and long-term owns niche, medium-sized industrial companies in the Nordic region. The group operates through three business areas: Regulatory Competence (e.g., marine exhaust cleaning, mission-critical communications, public transport systems, ATEX products), Service (e.g., maritime container repairs, building services, material handling), and Industrial Technology (e.g., paint and surface treatment, electronics components, road construction machinery). Each portfolio company operates independently under Tången's decentralized ownership model, with the parent providing strategic support, industrial expertise, and capital.

Product overview

Tången is a Nordic industrial holding company organized into three business areas: Regulatory Expertise (Regulatorisk kompetens), Service, and Industrial Technology ( Industriteknik). The company acquires, develops, and long-term owns specialized, medium-sized companies in the Nordics. Under Regulatory Expertise, Tången owns: TriNorth (public transport systems integrator), Celab (mission-critical communications), D.E.C. Marine (marine exhaust gas cleaning systems), STT Emtec (marine exhaust systems and engine testing), Malux (technical products for explosive environments), and Aluwave (advanced lighting including Barel explosion-proof components). Under Service, Tången owns: Elfcon (maritime repair services), Göfast Gruppen (building services), and AB Sjuntorp (material handling services). Under Industrial Technology, Tången owns: NSI (paint and surface treatment products), Westcomp (electronics components), and Swemco (road construction equipment).

Differentiator

Problem solved

Functional benefit

Products and services

  • TriNorth Complete systems integrator for public transport in the Nordics, providing solutions for passenger information, ticket systems, fleet management, child safety, and camera surveillance. Targeted at public transport operators and security-sensitive transit environments.
  • Celab Communications Provider of tailored solutions for mission-critical communication, including system integration, operations, support, service, and delivery of professional communication equipment. Serves authorities, public transport, energy, defense, and public safety sectors.
  • D.E.C. Marine Developer and provider of marine exhaust gas cleaning systems, components, software, and service/after-market services for the global shipping industry, focused on SCR technology solutions.
  • STT Emtec Marine-sector company developing and producing exhaust gas cleaning systems and key components, with engine testing services for motor manufacturers and shipping companies.
  • NSI (Nordic Surface Innovation) Developer and producer of paint, cleaning, and other surface treatment products with focus on efficiency, sustainability, high quality, and customized solutions; operates under a House of Brands model.
  • Elfcon Leading provider of service, maintenance, and repairs for the maritime industry, offering expertise in tank container repairs, container sales, and inspection services.
  • Swemco Leading manufacturer of large construction machines for paving and asphalt work, specializing in pothole repair machines, aggregate spreaders, and tack coat sprayers, with associated service and aftermarket operations.
  • Westcomp Total supplier in the electronics industry focusing on electronic components, material kits, restocking inventory, and sourcing services for electronics manufacturers and industrial customers.
  • AB Sjuntorp Complete supplier of material handling solutions and production technical services for industry, including heavy handling, machine installations, special tool manufacturing, service, maintenance, renovation, rental, and battery replacement systems.
  • Göfast Gruppen Provider of building services including electrical, plumbing, construction, sheet metal work, and finish carpentry, primarily serving public sector and municipal property companies in the Gothenburg region.
  • Malux Provider of technical advisory product sales for explosive environments, properties, vehicles, and underwater electronics; sells products in Sweden, Finland, Norway, and the Baltic states.
  • Aluwave Provider of advanced lighting technology including explosion-proof electronic components (Barel brand) and customized professional fixtures; serves lighting manufacturers, electrical wholesalers, aircraft manufacturers, and energy companies.

Companies that use Tången

Customer profile

Named customers12 records

Segments4 records

Ideal customer profiles3 records

Tången technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Tången partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core and minor.

  • Nasdaq StockholmcoreOthers · 11 June 2026Tången's shares were admitted to trading on Nasdaq Stockholm on June 11, 2026, marking an important milestone in the company's history.
  • RäddningsmissionenminorOthers · 8 September 2025Tången supports Räddningsmissionen as part of their social responsibility initiatives. The partnership includes sponsorship of Fotbollspuls events where surplus revenue goes to Räddningsmissionen's work with social exclusion in Gothenburg.
  • KPMG SverigeminorOthers · 9 July 2025KPMG Sweden is a sponsor of Fotbollspuls 2025 event organized by Tången. Other sponsors include MAQS Advokatbyrå and Nordea.
  • GreencarrierminorOthers · 15 May 2025Greencarrier hosted Tången's 2025 annual general meeting aboard the Ostindiefararen Götheborg, a historic ship that has been central to Gothenburg's business history.
  • IFK GöteborgminorOthers · 25 February 2025Tången sponsors IFK Göteborg football club together with portfolio company Göfast Gruppen. IFK Göteborg is more than a football club, working with youth development, community projects and inclusive activities.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Tången competitors and assessment

Company assessment

Direct peers

  • Volati AB: Swedish listed industrial group built via a roll-up of niche industrial and consumer businesses with a decentralized structure. Closely comparable in size, acquisition cadence, and decentralized Nordic industrial model.
  • Indutrade AB: Swedish industrial technology group that acquires and develops niche industrial companies. Highly comparable in decentralized structure, niche-acquisition strategy, and Nordic/European industrial footprint.
  • Addtech AB: Swedish listed industrial components and solutions group with a decentralized, acquisition-driven model. Comparable in serving technical B2B customers across multiple industrial niches.
  • Lagercrantz Group AB: Swedish listed group that acquires and develops technology and electronics niche businesses. Comparable in decentralized model, technology/industrial niche focus, and acquisition-led growth.
  • Bergman & Beving AB: Swedish industrial group that owns and develops industrial trading and niche manufacturing businesses. Highly comparable in Nordic industrial acquisition philosophy; Tången's CFO Per Andersson was previously CFO of Bergman & Beving's Industrial Equipment division.
  • Lifco AB: Swedish listed serial acquirer of niche industrial and dental businesses with a decentralized operating model. Most directly comparable to Tången in philosophy (long-term ownership, decentralized subsidiaries, bolt-on M&A) and end-markets (industrial niches across Europe).
  • Storskogen Group AB: Swedish listed industrial and service group with decentralized operations across acquired niche businesses. Comparable in decentralized ownership model and Nordic roll-up approach.

Others

  • IK Investment Partners: Nordic private equity firm focused on mid-market companies across the Nordics, DACH and Benelux. Comparable as a Nordic mid-market acquirer of niche industrials, though structured as a PE fund rather than a permanent industrial holding.
  • Nordic Capital: Nordic private equity investor in mid- and large-cap Nordic companies. Relevant comparand for Tången's Nordic mid-market industrial deal sourcing and operating support infrastructure.

Broad incumbents

  • Ratos AB: Long-established Swedish listed industrial conglomerate owning a broad portfolio of Nordic companies. Comparable as a public Nordic industrial owner, though Ratos typically takes larger and more active stakes than Tången's long-term decentralized model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

Tången social profiles

Digital presence

Tången financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Tången leadership team

Management profile

Number of profiles

Profiles14 records

Tången subsidiaries and ownership

Company hierarchy

Subsidiaries12 records

Tången funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Tången M&A and investment

M&A and investment

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tången

What does Tången do?

Tången is a Nordic industrial holding company that acquires, develops, and long-term owns niche, medium-sized industrial companies in the Nordic region. The group operates through three business areas: Regulatory Competence (e.g., marine exhaust cleaning, mission-critical communications, public transport systems, ATEX products), Service (e.g., maritime container repairs, building services, material handling), and Industrial Technology (e.g., paint and surface treatment, electronics components, road construction machinery). Each portfolio company operates independently under Tången's decentralized ownership model, with the parent providing strategic support, industrial expertise, and capital.

Is Tången a public or private company?

Tången is a public company. It is classified as public and is currently operating.

When was Tången founded?

Tången was founded in 2020. It employs 11 to 50 people.

Where is Tången based?

Tången is headquartered in Göteborg, Sweden, in the Europe region.

How does Tången make money?

One revenue line is on record: investment returns from portfolio companies.

Who are Tången's main competitors?

Direct peers on record are Volati AB, Indutrade AB, Addtech AB, Lagercrantz Group AB, Bergman & Beving AB, Lifco AB and Storskogen Group AB. Others are IK Investment Partners and Nordic Capital. Ratos AB is listed as a broad incumbent.

Does Tången have an API?

No public API is recorded for Tången.

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Live signals
Dagens industriTången köper 75 procent av bolag med omsättning på 60 miljonerTången has signed an agreement to acquire 75% of the shares in Institutet för kvalitetsindikatorer Fenix, according to a press release. The deal was announced on September 8, 2026.MarketScreenerStockholm's stock market is expected to start Thursday higherStockholm's stock market is expected to open higher on Thursday, driven by positive earnings reports from Embracer and Tången Industrikapital, alongside a mandatory cash offer for Evolution by Candle Lake. Major European and U.S. index futures also showed gains, while EQT Infrastructure announced an acquisition of Australia's Cleanaway Waste Management. Additional corporate activity included Skanska securing a data center contract and Sivers Semiconductors launching a joint AI development program.AffarsvarldenTången levererar stark premiärrapportTången Industrikapital reported its first quarterly results following its June 12 listing on Nasdaq Stockholm, showing a 60.5% increase in net sales to 647 million SEK and a 131.9% rise in post-tax profit. The company achieved an EBITA of 78.9 million SEK and reported zero net debt due to recent equity issuance and bank loan refinancing. Management expects full-year EBITA margins to align with financial targets while noting that strong early growth driven by service contracts will gradually normalize.Dagens industriTången dubblar resultatetTången reported an adjusted EBITA result of 87.9 million SEK for the second quarter of 2026, doubling its previous performance. The company, led by CEO Nina Bergman, published these financial results on August 13, 2026.RoschierTången Industrikapital listed on Nasdaq StockholmTången Industrikapital listed its series B shares on Nasdaq Stockholm at SEK 67 per share, valuing the company at approximately SEK 3.8 billion. Nordea and DNB Carnegie acted as bookrunners, with Roschier providing legal advice.IpoxTangen Industrikapital — IPOXTången Industrikapital plans to list on Nasdaq Stockholm on June 12, 2026, offering 15.47 million B shares at SEK 67.00 each. The IPO raises about SEK 1.04 billion, implying a post-listing market cap of SEK 3.8 billion. Anchor investors have committed SEK 470 million.MarketScreenerStockholm Stock Exchange Poised for Positive Friday OpeningEuro Stoxx 50 futures rose 1.65% on Friday, with FTSE 100 and DAX futures also gaining. Corporate news includes Svolder's higher Q3 operating profit and Hexagon's acquisition of Itres. Tangen Industrikapital begins trading on Nasdaq Stockholm today.TangenikTången Listed on Nasdaq StockholmTången's shares were admitted to trading on Nasdaq Stockholm today. The listing strengthens the company's platform for growth through organic development and acquisitions. CEO Nina Bergman and Chairman Per Skånberg welcomed new shareholders and thanked employees and partners.TradingViewTången announces the outcome of the OfferingTången Industrikapital AB successfully completed its IPO on Nasdaq Stockholm, with the offering oversubscribed multiple times and attracting approximately 4,000 new shareholders, trading expected to commence on 12 June 2026. The company priced 15,470,043 shares of series B at SEK 67 per share, representing a total market valuation of approximately SEK 3.8 billion and a total offering value of approximately SEK 1,036 million. Cornerstone investors including Andra AP-fonden, Handelsbanken Fonder AB, funds managed by Protean Funds Scandinavia AB, and Svolder AB collectively committed SEK 470 million, acquiring approximately 39.4% of the offering.