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Increased Institutional Ownership in Generic Sweden

September 16, 2021

The Asset Management division of the German bank Joh. Berenberg, Gossler & Co. KG (Berenberg), one of Europe’s leading privately owned banks, has acquired a total of 700,000 shares in Generic Sweden for one of its mutual funds over the past few weeks. Following these acquisitions, Berenberg now holds 5.7% of the shares in mutual funds managed by the company. In addition, current owner Martin Gren has acquired additional shares through his investment company, Grenspecialisten, and is now Generic’s largest shareholder, holding approximately 23.7% of the shares. 

About Generic
Generic Sweden AB is a technology company that provides high-tech messaging services for all applications. The company offers a platform for digital communication services that can be integrated into customers’ internal or external communication workflows. The services are provided through a Communication Platform as a Service (CPaaS) model. Generic’s customers span all sectors, with a particular focus on alarm and security systems, healthcare and e-health, as well as e-commerce and logistics.

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