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Artex AB

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Year established

1928

Location

Mj�lby Sweden

Primary Industry

Business Support Services

About

Founded in 1928 and based in Mjölby, Sweden, Artex AB provides sewing, upholstering, and manufacturing services to a wide range of industrial and private consumers. In September 2022, Pamica acquired a 60% majority stake in Artex AB. The firm’s customers include designers, decorators, architects, purchasers, and product developers such as Pure Air Zone, Lammhults, Kinnarps, Recardo, NedTrain, etc. As of October 2022, Artex operates from 6 production units and employs around 250 workers. The company offers sewing services including product design, manufacturing, updates, and refurbishment for seats in public transportation, cars, boats, buses, airplanes, trains, offices, theatres, and hotels. Moreover, the company provides manufacturing support in all areas of interior design projects including fabrics and leather. Furthermore, the company manufactures furniture, textiles, leather, foams, filler materials, plastics, metal, wood, and composites.
Current Investors
Pamica

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Primary Industry
Business Support Services
Sub Industries
Business Support Services, Furniture, Textiles
Website
www.artex.se
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only

Deals

Deals Type
Buyout
Deal Status Target (s) Deal Date Investor(s) Seller(s) Deal size (Mn) Enterprise value (Mn) Post-money valuation (Mn) EBITDA multiple (x) Revenue multiple (x) Lead partner (s)
Completed Artex AB 22 Sep 2022
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