contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


roko-forvarvar-en-majoritet-av-abp-group-i-storbritannien

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Röko is a Swedish serial acquirer. The company is an owner and manager of a portfolio of small and medium-sized companies in a variety of industries. The operations are conducted mainly in the Nordic region and large parts of Europe. The vision is to create long-term returns and to drive business development within each acquistion. Röko was founded in 2019 and is headquartered in Stockholm.

Yep, on top of that, you could still factor in some small change from the earlier 2025 acquisitions:  June Topa Bathroom 20 MEUR → brings approx. 5 months of growth in 2026 → 95 MSEK? August Oppold Systems 3 MEUR → brings approx. 7 months of growth in 2026 → 20 MSEK?  There’s no way to know the profitability of these 2025 and 2026 acquisitions without digging through the financial statements, but would one dare to estimate something like 10-15% EBITA growth for 2026? Based on the 2025 realized figures, after a small share price dip, EV/EBITA has been hovering in the 18-19 range. The “sinful” forward EV/EBITA would then be something like 16-17?  Not a mega deal yet, but it doesn’t feel quite as bad anymore when pressing the buy button.

Röko has acquired four businesses since the beginning of December. ITIB, 75 %, revenue 19 MEUR. Lambda, 85 %, revenue 11 MEUR Golfshopen, 80 %, 250 NOK ABP, 85 %, 15 GBP Roughly ~730 MSEK in total revenue. This means inorganic growth would be ~11% “pro forma” relative to the 2025 level.

Inderes              Röko acquires a majority of ABP Group in the UK - Inderes    Röko AB has acquired 85% of the shares of the Access Building Products Group Limited (“ABP Group”). The remaining 15% will be owned by ABP Group’s Managing Director.ABP Group is the holding ...                             Quite a lot is coming out of the acquisition pipeline now  This time from the UK. Third deal of the year.  ABP Group has consolidated sales of ca GBP 15m, 88 employees and will be consolidated in the B2B business segment in March 2026.

That happened much faster than I had expected! As noted in the press release, Johan was Röko’s first employee, hired by founders Fredrik and Tomas seven years ago. So, he was involved in every acquisition except for the very first one. As I understand it, they wanted to build the Röko team from the ground up by bringing in promising young talent alongside seasoned veterans, so they would have time to grow with the company before having to step into big shoes as successors. Johan actually has quite a substantial stake for a young man  He owns 2.66% of the shares and 10.11% of the votes  This is, of course, a prerequisite in this type of business. I would argue that one of Röko’s competitive advantages in M&A processes is that entrepreneurs considering a sale negotiate directly with Röko’s principal owners. Thus, the principal owners/entrepreneurs from both sides are sitting at the negotiating table, which gives the promises made much more weight. I believe this is particularly important when the promise includes a “forever home” and a decentralized operating model, where the seller knows they can continue to run the business in peace after the deal, just as they always have.

Yesterday, a press release was issued regarding Johan Bladh’s appointment as CEO. The appointment takes effect on April 22nd, the day after the Annual General Meeting. Fredrik will continue working full-time as Deputy CEO, Chairman of the Investment Committee, and with acquisitions.                   Inderes              Johan Bladh appointed new CEO of Röko - Fredrik Karlsson continues at Röko,...    The Board of Röko has decided, in consultation with CEO Fredrik Karlsson, to appoint Johan Bladh as the new CEO. Johan replaces Fredrik Karlsson, who will remain operational in the company, ...                             Born in 1989, Johan was the obvious successor, but such a rapid change was a surprise to me at least. But as I understand it, those veterans consider him very competent, so why not.

Second deal of the year finalized  This time a golf equipment retailer from Norway  Revenue approx. 250 million NOK, or approx. 22.3 million €                   Inderes              Röko acquires a majority of Golfshopen in Norway - Inderes    Röko AB has signed an agreement to acquire 80% of the shares of NH Norsk Handel AS (“Golfshopen”). The remaining 20% will be owned by the Golfshopen management team.Golfshopen is the leading...

Inderes              Röko acquires a majority of Lambda in Italy - Inderes    Röko AB has acquired 85% of the shares of Lambda S.p.A. (“Lambda”). The remaining 15% will be owned by the management team of Lambda.Lambda designs and manufactures erbium and diode lasers for...

Röko

Röko AB har förvärvat 85% av aktierna i Access Building Products Group Limited (“ABP Group”). De återstående 15% kommer att ägas av VD på ABP Group.ABP Group är holdingbolaget för de helägda...

<div class="mfn-preamble"><p><strong>Röko AB har förvärvat 85% av aktierna i Access Building Products Group Limited (“ABP Group”). De återstående 15% kommer att ägas av VD på ABP Group.</strong></p></div><div class="mfn-body"><p>ABP Group är holdingbolaget för de helägda dotterbolagen Access Building Products Ltd, Jupiter Blue Ltd, House of Canopies Ltd och GRP Products Ltd.</p><p>ABP Group är en tillverkare och leverantör av produkter för bostäder och kommersiella fastigheter, huvudsakligen åtkomstpaneler och entrétak, inom vilket de håller en ledande marknadsposition i Storbritannien. ABP Group levererar till återförsäljare, entreprenörer, husbyggare och slutkunder genom sina varumärken Access Building Products, Jupiter Blue och House of Canopies och har två fabriksanläggningar i Storbritannien. Gruppens konsoliderade nettoomsättning uppgår till ca 15 MGBP, de har 88 anställda och kommer konsolideras i B2B segmentet i mars 2026. Förvärvet kommer inte att ha någon väsentlig effekt på Rökos resultat under innevarande år.</p><p>ABP Group är Rökos nionde bolag i Storbritannien och sedan 2019 har Röko genomfört mer än 30 förvärv.</p><p>Vänligen besök <a href="http://www.accessbuildingproducts.co.uk/" rel="noopener">www.accessbuildingproducts.co.uk</a> // <a href="http://www.jupiterblue.co.uk/" rel="noopener">www.jupiterblue.co.uk</a> // <a href="http://www.houseofcanopies.co.uk/" rel="noopener">www.houseofcanopies.co.uk</a> för mer information om ABP Group. Om ni har några frågor, vänligen kontakta:</p><p>Andreas Larsson, Investor Relations Röko, +46 (0) 709 70 75 55, <a href="mailto:ir@roko.se" rel="noopener">ir@roko.se</a></p><p>Röko är en evig ägare av europeiska små och medelstora företag och äger idag 32 företag inom en rad olika branscher i Europa. Vårt team har mer än 100 års kombinerad erfarenhet av att arbeta med ägarledda företag inom ett brett spektrum av branscher.</p><p><em>Denna information lämnades, genom ovanstående kontaktpersons försorg, för offentliggörande den 12 mars 2026 kl. 15:30 (CEST).</em></p></div><div class="mfn-footer mfn-attachment mfn-attachment-general"><p><strong class="mfn-heading-1">Bifogade filer</strong></p><hr><p><a class="mfn-generated mfn-primary" href="https://storage.mfn.se/11ee0463-e7fb-4e2f-8f30-ed8990070375/roko-forvarvar-en-majoritet-av-abp-group-i-storbritannien.pdf" rel="noopener">Röko förvärvar en majoritet av ABP Group i Storbritannien</a></p></div>