Instabee
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Instabee - overview
Established
2022
Location
-, -, Sweden
Primary Industry
Logistics & Distribution
About
Based in Sweden, Instabee operates as a holding company that offers last-mile delivery services. Instabee is the merged entity of Budbee Holding AB and Instabox Group AB. In September 2022, Budbee Holding AB, a portfolio company of Kinnevik, H&M CO:LAB, Club Network Investments, AMF Pensionsförsäkring, and Stena Sessan, agreed to merge with Instabox Group AB, a portfolio company of M2 Asset Management, Nineyards Equity, and Tham Special Investment, to form Instabee. The transaction is subject to customary regulatory approval from the Swedish Competition Authority and is expected to close in the fourth quarter of 2022.
The company is valued at SEK 18 billion. As of 2022, the company’s CEO is Fredrik Hamilton. Instabee acts as a holding company and was formed by the merger of two entities: Budbee Holding AB and Instabox Group AB. The combined company provides various logistic services, including last-mile delivery services for the e-commerce industry.
The merged company plans to develop its customer proposition and combine expertise.
Current Investors
EQT, Verdane, AMF Fonder
Primary Industry
Logistics & Distribution
Sub Industries
Logistics & Distribution
Company Stage
Merged
Total Amount Raised
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