Qeep Ventures new principal owner in Motala Train

Qeep Ventures acquires 70.4 percent of the shares in Motala Train AB. The seller, Motala Verkstad AB, retains an ownership interest of 20 percent in Motala Train AB. Torsten Jansson, the founder of New Wave, is one of the investors in Qeep Ventures, as reported in media.

Motala Train AB is an experienced supplier of qualified technical services for railway vehicles and focuses on three main areas: Repairs, Maintenance and Rebuilding. The company employs about 40 people in Motala. The turnover in 2009 amounted to approximately SEK 65 million with an operating profit of about SEK 3.5 million. SJ, SL, Väst Trafik and Transitio are example of Motala Train AB:s customers.

Motala Verkstad AB was represented by Moll Wendén and Qeep Ventures was represented by Setterwalls.