Coeli has invested in Sordin AB, acquiring a majority stake alongside DeVenture to support the company's growth in the hearing protection market.

Information on the Target

Coeli has recently made a strategic investment in Sordin AB, becoming the majority owner alongside the previous principal owner, DeVenture. This partnership is aimed at supporting Sordin's growth and expansion in the hearing protection market. Established in Sweden, Sordin has been recognized for its high-quality products that combine innovative technology with robust design, catering to various industries including hunting, military, and industrial safety.

Sordin's commitment to delivering top-tier hearing protection solutions positions it favorably in a growing market. The investment from Coeli will enable Sordin to enhance its operations, invest in new product development, and expand its market reach, thereby solidifying its competitive edge in the industry.

Industry Overview in Sweden

The hearing protection market in Sweden is experiencing a notable transformation, driven by increasing awareness about occupational safety and health regulations. As safety standards become more stringent across various sec