Patricia Industries consists of our wholly-owned subsidiaries, partner-owned companies and financial investments.
Patricia Industries’ key focus is to invest in and develop wholly-owned companies in the Nordics and in North America. With full responsibility for managing the ownership, we operate from offices in Stockholm, New York and Palo Alto, and have a separate investment mandate and a specially appointed Board of Directors.
Our wholly-owned subsidiaries are Aleris, BraunAbility, Laborie, Mölnlycke, Permobil, The Grand Group and Vectura. 3 Scandinavia was founded together with CK Hutchison Holdings (formerly Hutchison Whampoa) in 2000, and has been co-owned since. These companies generally have strong market positions and corporate cultures in industries with long-term growth potential.
Patricia Industries’ portfolio also includes Financial Investments, stemming from our former venture capital arm, Investor Growth Capital. Our objective is to maximize the value of these companies and use realized proceeds for investments in existing and new subsidiaries. However, some holdings could become long-term investments.