Amymone

About Amymone

Amymone (legal name Amymone AB, parent Amymone Holding AB) is a Swedish family-owned investment company headquartered in Västerås in Västmanland County. The firm was founded in 1997 by Per Gösta Vannesjö, a former member of the Group Management Team at ABB Sweden (1988 to 1996, responsible for business development). The name draws on Greek mythology. Amymone is the family-office vehicle for the Vannesjö family and serves as the holding company of a broader Swedish industrial group that also includes Per Vannesjö Industri AB and AnVa Industries AB. The combined group reports approximately €300 million in turnover according to external trackers, with aggregate revenue of approximately SEK 2.1 billion across roughly 900 employees in 2024. Assets under management as of December 2024 are not publicly disclosed; the firm is an evergreen family-office balance sheet rather than a fund manager. The structure is a permanent-capital holding company with no fund vintages, no external LPs and no fund-raising cycles. Amymone consolidates its portfolio under Amymone Holding AB, with three principal subsidiaries: Inducore AB (industrial manufacturing, 100 percent owned), Amymone Fastighet AB (industrial property) and minority stakes in listed and unlisted tech-services businesses (Prevas AB at 9 percent, Tacton Systems AB at 3.5 percent).

Investment thesis

Amymone pursues a long-hold family-office investment philosophy concentrated on traditional Swedish industrial manufacturing, complemented by minority growth-equity positions in adjacent technology-services businesses. The firm targets majority ownership of profitable founder-led mid-sized Swedish industrial companies, including buyouts (LBO, MBO, MBI), generational transitions and growth-capital scenarios. Core sectors include automotive bodywork and commercial-vehicle componentry, precision engineering and metal fabrication, industrial real estate, and minority positions in product configuration software and engineering and technology consultancies. Geography is overwhelmingly Sweden with portfolio operations concentrated around Västerås, Vetlanda, Kalix and broader Bergslagen and Småland industrial regions. Ticket sizes are not publicly disclosed; based on historical deal structures, equity cheques appear to range from SEK 20 million to SEK 200 million-plus with the family-office balance sheet supporting larger commitments through Inducore. The capital base is entirely the Vannesjö family with no external institutional LPs, no fund vehicles and no commitment periods. Value creation rests on patient ownership, operational discipline borrowed from the Vannesjö ABB-honed industrial management toolkit, disciplined add-on M&A and a willingness to hold assets for decades rather than fund-life-driven exits.