Vestum jumps on $683 mln Flow Tech sale, plans special dividend

Vestum AB (publ)

11/06/2026 08:50

** Shares in Vestum VESTUM.ST jump as much as 36% after the Swedish industrial group agrees to sell its Flow Technology segment for an enterprise value of SEK 6.5 billion ($683 million), paving the way for a special dividend 
** The sale to private equity investor Nordic Capital is expected to generate a capital gain of around SEK 3.5 bln
** "Vestum’s Board of Directors intends to propose an extraordinary dividend to the company’s shareholders (preliminarily estimated at SEK 13.50 per share) as soon as the Transaction has been completed," the company says
** Vestum also names Conny Ryk as new CEO

($1 = 9.5057 Swedish crowns)

 (Reporting by Agnieszka Olenska)
 ((Agnieszka.Olenska@thomsonreuters.com;))