# AB Max Sievert acquires Nordic Traction Group from Accent Equity

AB Max Sievert acquired Nordic Traction Group from Accent Equity 2012 LP, with management remaining a significant owner. Nordic Traction plans to increase investments in product development and production capacity.

- Type: Acquisition
- Announced: 2018-11-27
- Where: Loimaa, Finland
- Status: completed
- Products: vehicle traction aids, traction chains, tracks
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Accent Equity 2012](https://endata.com/companies/22455.md) (partner)
- [AB Max Sievert](https://endata.com/companies/35696.md) (acquirer)
- [Nordic Traction Group](https://endata.com/companies/35697.md) (target)

## Sources

- [ofa.fi](https://www.ofa.fi/na-en/news-na/2018/11/27/nordic-traction-group-new-owner), 2018-11-27: "Over the coming years we intend to invest heavily in increased capacity to enable Nordic Traction to serve its customers well, as the Company continues to grow."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.