Our Investments

We primarily focus on highly specialized industrial companies, committing ourselves wholeheartedly and working with great long-term interest in their success.

Our investments
Our investment philosophy

We want to be wholeheartedly engaged in our investments. In addition to capital, we contribute to companies by taking an active role in the boardroom and by functioning as a sounding board for management, drawing from our experience, expertise and professional network.

For us, cultivating curiosity and joy as well as our drive to develop companies is as important as achieving results and generating profit. We are particularly interested in specialized businesses and companies within niche sectors. Moreover, we are enthusiastic about collaborating with companies that play a role in solving global sustainability issues.

Our own core strength is our expertise regarding industrial B2B companies. Although we primarily invest in mature businesses, we are also open to innovative growth companies that offer a fully developed product or service and that are looking to expand.  Companies that have global potential and vision are a priority.

While we typically invest with a long-term perspective and are often deeply involved in the companies we invest in, we do occasionally engage with companies or projects for shorter durations and take on a more passive role in their development.

Might your company be a fit for our investment consideration?

We welcome investment proposals. If you would like to contact us with a suggestion, please ensure you have complete documentation of your company, including financial statements and/or forecasts, readily available. The documentation should provide answers to the following questions:

  • What business are you in? (e.g. what product/ service does you company provide, what problem does the company strive to solve, the mission and vision of the company)
  • What does your market look like? (e.g. market potential globally/locally, direct and indirect competition, alternatives)
  • In what phase is the company? (e.g. number of clients, turnover, production capacity)
  • What is your team like? (e.g. background, core strengths and weaknesses, your plans for team development)
  • What amount of capital is needed and how will it benefit your company?

Our current investments

ViskoTeepak

ViskoTeepak is a global producer of sausage casings, primarily made from cellulose and fiber, occasionally incorporating plastic elements. Additionally, they offer a wide range of packaging solutions for the food industry.

Our view

We have extensive experience within and knowledge of the sausage casing sector as well as the food packaging industry at large. The sausage casing industry is characterised by a high degree of specialization and high market barriers and is largely consolidated. The food and packaging industries are undergoing a number of changes globally, but casings are a packaging method suitable for a variety of foods ranging from the more traditional, meat-based products to novel plant-based ones. ViskoTeepak’s core strength lies within fibre- and cellulose-based products, materials which are essentially renewable. We believe that Viskoteepak, whose company values are trust, ambition and fun, can be a successful contributor to the development of an interesting sector with potential.

Corporate Information

Head office:
Mariehamn, Finland

Number of employees:
1000

Investment year:
1984

Ownership:
84.5%

Responsible at Eriksson Capital:
Trygve Eriksson

Optinova

Optinova is a global frontrunner in precision extrusion of tubing for demanding medical and industrial applications.

Our view

We believe that the current debate regarding the use of plastic should be complemented by talking about “the right kind of plastic in the right place”. Optinova is a great example of this with its extensive specialisation in polymer handling for products that must meet high safety and quality standards, such as medical tubing for catheters, cardiology and IVF as well as industrial applications associated with high temperatures and pressure. We are a long-term investor in Optinova, a company with a global vision paired with local engagement – not only on Åland where the business started, but in all the regions where Optinova has established business units, for example in Thailand where one of the company’s production units is located. Because of its line of high-quality products that are designed to help people feel good all over the world and the company’s commitment to helping its employees flourish and perform at work, Optinova has adopted the idea of being the #feelgoodfactory (#mågottfrabriken). We believe that Optinova’s high specialisation, supportive culture and its focus on life-enhancing products make it a strong company with a promising future.

Corporate Information

Head office:
Mariehamn, Finland

Number of employees:
700

Investment year:
1987

Ownership:
100%

Responsible at Eriksson Capital:
Rebecka Eriksson

SBA Interior

SBA Interior specializes in interior constructions for large ships and operates as a subcontractor in the metalworking industry.

Our view

Our vision: SBA Interior has niche skills and knowledge in metalworking and high-quality interior systems for the maritime industry, where safety and high quality are a priority. In addition to being light-weight and sound-absorbing, the wall elements which SBA produces for cruise ships must be fireproof for a certain amount of time. Should the ship end up lying on one side for some reason, the interior walls must also bear being walked on, which requirements set high demands on the supplier. Although SBA Interior maintains a long-standing collaboration with the Finnish shipbuilding industry, their clients also include shipbuilders around the rest of Europe. The company also operates a land-based unit that serves the elevator industry. We believe that the niche specialisation within metalworking and safety makes SBA a future actor with an edge.

Corporate Information

Head office:
Gebbelby, Finland

Number of employees:
130

Investment year:
2008

Ownership:
10%

Responsible at Eriksson Capital:
Trygve Eriksson

Trifilion

Trifilon produces more sustainable plastic reinforced with natural fibers

Our view

We have extensive experience of companies that use polymers as their raw material. We believe that the current debate on the use of plastic should focus on “the right kind of plastic in the right place”, and that polymer materials should function in circular and renewable ways. This is why we want to be in the forefront of understanding and facilitating the development of materials. Trifilon is an innovation-driven start-up company that began its journey by developing a recyclable plastic composite with hemp, a material whose performance is compatible with that of fiberglass and carbon fibre. Today, the company produces natural fiber-reinforced materials out of recycled and bio-based plastics. Trifilon wants to drive change and generally increase knowledge of how materials can be used and reused. We believe that this is an important future industry and look forward to learning about the latest developments in the world of polymers.

Corporate Information

Head office:
Nyköping, Sverige

Number of employees:
ca 10

Investment year:
2016

Ownership:
13,6%

Responsible at Eriksson Capital:
Rebecka Eriksson

Novoplast

Novoplast pioneers recycling within the innovative circular economy, leading the way toward sustainable solutions.

Our view

We have extensive experience of companies that use polymers as their raw material. We believe that the current debate on the use of plastic should focus on “the right kind of plastic in the right place”, and that polymeric materials should function in circular and renewable ways. This is why we want to be in the forefront of understanding and facilitating the development of materials. Novoplast is a young company with high technical skills related to polymeric materials and recycling. The company wants to increase the use of recycled plastic, help companies identify their waste and act as a motor for a circular economy. We believe that Novoplast can successfully help to change how plastic is used and recycled in the Swedish production industry. In the meanwhile, our collaboration gives us the opportunity to learn even more about polymers.

Corporate Information

Head office:
Karlskoga, Sverige

Number of employees:
ca 10

Investment year:
2019

Ownership:
20%

Responsible at Eriksson Capital:
Rebecka Eriksson

Alandia Air

Leasing services of SAAB 340 airplanes

Our view

Alandia Air was established in order to support the local air traffic to and from Åland, which enables the local enterprises to engage in global business. The SAAB 340, suitable for shorter, regional routes, is an energy-effective propeller plane with 30 to 36 passenger seats. At most, Alandia Air had 14 airplanes and a leasing pool of motors for SAAB 340. However, the company’s limited size exposed it to client risk, and consequently the company is now being liquidated.

Corporate Information

Head office:
Mariehamn, Finland

Investment year:
2005

Ownership:
85%

Responsible at Eriksson Capital:
Fredrik Byman

Carelian Caviar

Carelian Caviar works with sustainable closed containment fish farming of sturgeon for caviar production

Our view

Driven by our interest in making fish farming more environmentally sustainable, we have been a part of Carelian Caviar since the beginning. We were attracted by the idea of farming sturgeon indoors in Varkaus utilizing innovative water recirculation technology and an industrial symbiosis with the nearby Stora Enso paper mill. Carelian Caviar was also an early company within the land-based fish farm sector, and farming a fish like sturgeon that yields a valuable end product was likely to be a profitable business. However, caviar is a luxury product with a long history, and we have learned that it is hard for a new company to get a foothold in the market. Carelian Caviar has a high standard caviar production as well as a top-of-the-line end product.

Corporate Information

Head office:
Mariehamn, Finland

Investment year:
2005

Ownership:
ca 40%

Responsible at Eriksson Capital:
Rebecka Eriksson

Rederi Ab Lillgaard

Lillgaard operates the cargo liner Fjärdvägen between Långnäs (Åland) and Naantali (Finland), an important transport route for the Åland Islands.

Our view

Lillgaard has long been known as a shipping company with smaller bulk carrier and ro-ro vessels based in the Baltic Sea. In the wake of the 2008 financial crisis when the shipping industry underwent extensive changes, Lillgaard was forced to downsize its business. Today, the company operates the cargo liner M/S Fjärdvägen between Långnäs and Naantali five days a week, constituting an important part of the import and export routes to and from Åland. Built in 1972, M/S Fjärdvägen is a great example of how long vessels can last when properly used and maintained. With its short route and shore connection for electricity, the vessel performs well despite its age.

Corporate Information

Head office:
Mariehamn, Finland

Number of employees:
ca 25

Investment year:
2000

Ownership:
50%

Responsible at Eriksson Capital:
Trygve Eriksson

Energy sector

We have invested in the wind energy sector since the 1990s

Our view

We have been involved in the wind power sector since the early Åland efforts in 1995 and are today a majority shareholder in Ålands Vindkraft Ab, which in turn is partial owner of the existing Åland wind power enterprises. The most recent investments include part-ownership in Långnabba wind farm, Åland’s largest facility, as well as investments in new, relatively smaller wind power projects and pilot projects in the area of battery storage. In addition to the Åland investments, we also hold stakes in wind and solar energy projects outside Åland. We are generally interested in energy transition and alternative energy technologies.

Corporate Information

Head office:
Mariehamn, Finland

Investment year:
1995

Ownership:
ÅVK: 86.4%

Responsible at Eriksson Capital:
Cecilia Jansson

We invest in companies with a global potential, and some of our companies today are world-leading within their respective industries.
Om oss