Q: I know you are not specialist of out of Canada companies but Röko AB is an investment company, founded in 2019 that specializes in the long-term acquisition and ownership of profitable small and medium-sized enterprises (SMEs) in Europe.
Their approach is that of a "perpetual owner," meaning they do not intend to sell the companies they acquire, similar to CSU.
Their strategy is based on the following principles:
Company Portfolio
Röko holds a diversified portfolio of companies across Europe. Here are a few examples to illustrate the variety of their investments:
Addedo (Sweden): A software reseller and consulting firm specializing in financial consolidation.
Atemag (Germany): A developer and manufacturer of components for CNC machines.
Les Deux (Denmark): A men's fashion brand.
ETB Technologies (United Kingdom): A specialist in refurbished enterprise IT hardware.
Oppigårds (Sweden): One of Sweden's leading craft breweries.
Pureoptics (France): A provider of network transceivers and cables.
Financial Information and IPO
I read that Röko AB completed its Initial Public Offering (IPO) on Nasdaq Stockholm in March 2025, generating strong interest from institutional and retail investors.
My question is: Is this a copycat of CSU and would you invest in it considering it's market cap ?
Do you like the CEO Fredrik Karlsson, was previously the CEO of Lifco, another highly successful Swedish serial acquirer ?
Their approach is that of a "perpetual owner," meaning they do not intend to sell the companies they acquire, similar to CSU.
Their strategy is based on the following principles:
Company Portfolio
Röko holds a diversified portfolio of companies across Europe. Here are a few examples to illustrate the variety of their investments:
Addedo (Sweden): A software reseller and consulting firm specializing in financial consolidation.
Atemag (Germany): A developer and manufacturer of components for CNC machines.
Les Deux (Denmark): A men's fashion brand.
ETB Technologies (United Kingdom): A specialist in refurbished enterprise IT hardware.
Oppigårds (Sweden): One of Sweden's leading craft breweries.
Pureoptics (France): A provider of network transceivers and cables.
Financial Information and IPO
I read that Röko AB completed its Initial Public Offering (IPO) on Nasdaq Stockholm in March 2025, generating strong interest from institutional and retail investors.
My question is: Is this a copycat of CSU and would you invest in it considering it's market cap ?
Do you like the CEO Fredrik Karlsson, was previously the CEO of Lifco, another highly successful Swedish serial acquirer ?
5i Research Answer:
We do not know many (i.e. any) Swedish management teams. ROKOB went public in March at 2.048K...