EQT Finland aquired 70% of the shares in Bewator AB, a leading European supplier of products and systems for access control, in 2002. Bewator was an established player on the European security market with a broad product portfolio. During EQT's ownership, Bewator grew through an ambitions growth plan with sales increasing from SEK 300 million in 2002 to almost SEK 500 million in 2005.
EQT Finland sold Bewator in 2005.
Key events during EQT's ownership
- Streamlined operations by divesting the parking business and made several
add-on acquisitions within Access Security
- Significant investments made in sales, marketing and R&D to manifest market leading position