JCE Group

About JCE Group

JCE Group AB is a privately held diversified family-owned investment holding company headquartered in Gothenburg, Sweden, at Högåsplatsen 3. The group was founded in 1971 by sea captain J. Christer Ericsson, whose initials give the firm its name, and is currently in the second generation of family ownership and stewardship. As of fiscal year 2024, JCE Group reports total assets of approximately SEK 10 billion (approximately €870 million at end-2024 rates) and annual sales of SEK 6 billion across its consolidated holdings, with 5,000-plus employees and operations spanning four continents with offices in Sweden, the United States, Colombia, Chile, Brazil and Hong Kong. The portfolio comprises 30-plus operating companies and is organised across three principal segments: JCE Industries covering industrial operating businesses, JCE Investments covering financial and minority equity stakes, and JCE Real Estate and Others. Forestry holdings alone span 36,000 hectares.

Investment thesis

JCE Group operates an evergreen, multi-segment family-holding strategy with a primary focus on building and holding sector-leading businesses across diverse industries. Sector focus is intentionally diversified across software for industrial and complex-product development, digital and professional services, forest products and forestry assets, safety equipment and personal protective equipment, offshore and marine industrial services, logistics and warehouse-management software, and real-estate development. Geographic scope is genuinely global, with Scandinavia as headquarters footprint and operating companies spanning Europe, North America, South America and Asia. Ticket sizes target the SEK 10 to 500 million range, with capacity for transactions up to SEK 1 billion under special circumstances. The approach is described as active owners engaging strategically and with a long-term perspective, emphasising governance, succession support and operational continuity rather than financial engineering. The capital base is the Ericsson family exclusively, with no external limited partner capital raised.

Recent activity

Recent investments include Telness Tech in software and telecommunications platform (Series A, April 2024), Systemite in industrial software and complex product development (majority acquisition), Baltic Safety Products in safety equipment, and Jobro in industrial manufacturing. Disclosed exits include Cybercom in digital consulting (public-market exit through merger and strategic exchange) and the Semcon stake in engineering services (public-market tender offer accepted in 2023). Core long-held operating businesses including Consafe Offshore, Consafe Logistics, Green Circle and Klöckner GmbH remain in the evergreen portfolio. Detailed buyer names and multiple data available on Pro at €49/month.