Tangen Industrikapital buys 70.4% stake in Select Telecom
Reuters2026/08/27 12:06Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Tången Industrikapital agreed to buy 70.4% of Sweden-based Select Telecom, a communications and technology solutions provider for corporate customers.
- Select Telecom generates about SEK 60 million in sales, operating from Växjö with additional local offices across Sweden.
- Management and other key staff will stay in their roles, retaining minority shareholdings following completion.
- Closing is scheduled for Aug. 31, 2026; Select Telecom will be folded into Tången’s Service Solutions unit.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tangen Industrikapital AB published the original content used to generate this news brief on August 27, 2026, and is solely responsible for the information contained therein.
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