MVI, a leading Nordic private equity firm, is delighted to announce a significant milestone in its second fund (“MVI Fund II”) — the successful divestment of its portfolio company, Biototal Group AB and its subsidiaries ("Biototal"). This transaction, signed on October 1st, 2024, represents a pivotal moment for MVI and underscores its commitment to creating the next generation of Nordic companies. MVI identified the circular economy and sustainability sectors as attractive growth areas early on, supporting Biototal through both its establishment and significant growth phase.
Biototal, a leading provider of circular economy solutions in Sweden, has thrived under MVI's ownership, achieving strong value creation and remarkable growth. This impressive expansion was driven by both organic growth and a strategic acquisition, helping Biototal scale its operations and solidify its leadership in the sustainable management, processing, and reuse of industrial by-products and waste, with a strong focus on agricultural use.
Throughout its partnership with MVI, Biototal has evolved from a local service provider into a key player in the Swedish circular economy landscape. The company’s focus on transforming byproducts into valuable resources has played a significant role in the shift towards a more sustainable society. Biototal has built strong ties with both the agricultural and industrial sectors, further solidifying its market position and laying the groundwork for continued expansion.
Under MVI's ownership, Biototal underwent a transformation, marked by strategic initiatives and investments that have strengthened its market presence. MVI is proud of the journey it has shared with Biototal, creating a leading player in the circular economy sector. The company's skilled management team, supported by MVI, has developed a robust business plan aimed at continuing growth, both organically and through future acquisitions, while further advancing circular solutions.
The new majority owner of Biototal is SEB Private Equity, which has a strong track record of supporting companies across Sweden and the Nordics.
Reflecting on the divestment, Mårten Werner, Partner at MVI, commented: "Since our investment in Biototal in 2020, the company has grown significantly through strategic acquisitions and organic growth, as well as the development of new products. Biototal’s business model is vital to society by identifying, refining, and utilizing by-products, helping to close the circular loop between urban and rural areas. We are proud of the dedication and passion shown by the Biototal team, which has laid the foundation for the company’s profitable growth. We extend our thanks to the management team, entrepreneurs, and board members for their collaboration and commitment, and we wish Biototal continued success with SEB Private Equity."
About MVI:
MVI is a leading private equity investor in small and medium-sized companies. Our goal is to act as a catalyst for growth and to build long-term, resilient businesses in Sweden and across the Nordic region. MVI actively works on value creation within its portfolio companies, leveraging its broad network of entrepreneurs and business leaders. MVI is known for its ability to identify proprietary investment themes and deliver high returns on its investments. For more information about MVI and its strategic investments, please visit www.mvi.se.
For further inquiries or interview requests, please contact:
Stefan Karlsson, Partner
stefan.karlsson@mvi.se / +46 (0) 70 601 00 39
Mårten Werner, Partner
marten.werner@mvi.se / +46 (0) 70 992 72 24
