BPC Instruments: Berenberg European Micro Cap Fund Secures a Stake
Deal News | Dec 20, 2024 | PR Newswire Cision BPC Instruments AB
The Berenberg European Micro Cap Fund has acquired a 4.8% stake in BPC Instruments AB through a block trade transaction involving Gustaf Olsson, the Chairman of the Board of BPC. The fund purchased 500,000 shares, and Olsson now holds 5.7% of BPC, a reduction from his previous 10.5% stake. Julian Demmel, portfolio manager for Berenberg, expressed confidence in BPC's business model and growth potential. BPC Instruments, a Swedish company listed on the Spotlight Stock Market, specializes in analytical instruments for bioenergy and environmental biotechnology. Carnegie Investment Bank AB acted as the bookrunner for the transaction.
Sectors
- Financial Services
- Bioenergy and Environmental Biotechnology
Geography
- Sweden – BPC Instruments AB is a Swedish company, and the transaction involves Swedish financial institutions.
Industry
- Financial Services – The acquisition transaction involves investment firms and financial services, highlighting the financial services industry's role in M&A activities.
- Bioenergy and Environmental Biotechnology – BPC Instruments operates in this field, developing analytical instruments for renewable bioenergy and environmental applications.
Financials
- 500,000 shares – Number of shares acquired by Berenberg from Gustaf Olsson.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| BPC Instruments AB | Target | Company | A Swedish company providing innovative analytical instruments for bioenergy and environmental biotechnology. |
| Berenberg European Micro Cap Fund | Bidding Company | Company | An investment fund managed by Berenberg purchasing a stake in BPC Instruments. |
| Gustaf Olsson | Seller | Person | Chairman of BPC Instruments who sold shares to Berenberg. |
| Carnegie Investment Bank AB | Bookrunner | Company | Financial institution that acted as the bookrunner in the transaction. |
| Julian Demmel | Portfolio Manager | Person | Portfolio manager for small and micro caps at Berenberg, commenting on the investment. |