Portfolio
We like to manage each one of our businesses as if we will hold them indefinitely.
Since 2003, Allegro has been the majority owner of Aiab Energy. This market-leading Swedish firm is a provider of system solutions for power supply, specialising in standby or backup power and mobile power generation. Key customers include the Swedish Emergency Service Agency (MSB), the Stockholm Public Transport Agency (SL) and the Swedish military (FMV) to which Aiab has been an almost exclusive supplier for over 35 years. Aiab Energy is also a qualified supplier of power equipment to the NATO Support and Procurement Agency.
With a 30% holding Allegro is the largest owner of Alligator Bioscience, the research-based biotechnology company developing antibody-based pharmaceuticals for cancer treatment. Alligator specializes in the development of tumour-directed immunotherapies, where the patient’s own immune system is activated to cure cancer. Located in Medicon Village, Lund, Sweden, Alligator is a public company, listed on the NASDAQ Nordic in Sweden.
Since 2002, Allegro has been the lead investor in the Swedish biopharmaceutical company AnaMar. AnaMar is developing life-changing, breakthrough treatments for pathological fibrosis. A selected candidate drug has been successfully evaluated in phase 1 clinical human trials and is now on its way to phase 2. This small team is based in Medicon Village, Lund, Sweden.
Allegro has been an investor in The Gadelius Group since 2006. A Japanese company with Swedish roots, Gadelius has been introducing new and innovative products to Japan, and new and innovative Japanese products to Europe for over 110 years. The group comprises of Gadelius Industry, Gadelius Medical and Gadelius Engineering and employs over 230 people throughout Japan.
Since 2013, Allegro has been the lead investor in GovX, the eCommerce platform created for members of the US Military, Law Enforcement and First Responder communities and government employees. GovX is a closed-channel platform allowing brands to offer favourable pricing and build a deeper relationship with those who serve and protect, without disrupting other retail channels.
Allegro is a co-founder of Harbour and has been actively invested since 2009. Harbour Advisors Cayman and its sub-advisors Harbour Litigation Funding serve as the investment advisor to a number of Harbour investment funds, totalling over £1.2 billion in partner commitments.
INQO Investments
Allegro first invested in INQO Investments in 2014 and today holds 18,25%. This social impact investment company operating in sub-Saharan Africa believes that enterprise is the best way to tackle poverty, by creating sustainable employment that empowers the poor and transforms communities. INQO Investments is listed on the London Aquis Stock Exchange.
Allegro acquired JTK Power in 2013. Specialising in manufacturing complex steel solutions for the world’s leading companies in the marine and mining industries, the logistics sector, the power plant industry and the building sector, JTK has a solid footprint in Central and Northern Europe, as well as China.
Allegro acquired Koncentra Pistons in 2016. The company designs, manufactures and markets large bore pistons for leading manufacturers of medium speed diesel and gas engines, applying proprietary state-of-the art R&D Technology to design piston structures, cooling systems, surface treatment and manufacturing processes.
In January 2023, Allegro acquired KS Large Bore Pistons Group from Rheinmetall in Germany. The KS group currently have 50% of the large bore pistons world market with plants in Germany, China and the US. This acquisition complements Allegro’s ownership of Koncentra Pistons, giving us over 60% ownership of the large bore pistons global market.
Allegro has been Malmstens Verkstad’s principal owner since 2010. The company is a subcontractor of large and heavy products within the area of CNC-machining, welding, robot-welding and assembly. The company has extensive experience in partnering with large industrial organizations in manufacturing both semi-finished and finished steel components for industrial use.
Allegro has been the lead investor in NClear since 2015. NClear serves municipal and industrial customers with patented TPX chemistry, helping wastewater plants reduce biosolids disposal costs while improving operation efficiencies. In 2021 the company acquired Electrichor, a leading manufacturer of hypochlorite generation systems for ballast water treatment, municipal water disinfectant and process water biofouling.
A passive investment for Allegro, Net Insight provides the highest performing, most open video transport and media cloud technology. The publicly listed company partners with hundreds of companies in over 70 countries to manage media flows, combining cutting-edge technology, robust platforms and decades of proven experience in the process.
Allegro first invested in Oxymetal, Europe’s leader in industrial metal cutting, in 2012. In 2020 Oxymetal became a wholly owned subsidiary. With operations in France and Czech Republic, Oxymetal has an extremely diversified customer base, supplying the energy, aerospace, medical, automotive, railroad, construction and industrial machinery industries.
Allegro has a long relationship with Sight Sciences, having supported the company through its Series A, B and C investment rounds. Headquartered in Menlo Park, California, Sight Sciences is a commercial-stage medical device company dedicated to the development and sale of intelligently designed and engineered products that address the underlying physiology of ophthalmic diseases. Sight Sciences is a public company listed on the NASDAQ New York Stock Exchange.
Zymbit is an innovator in secure, embedded computing solutions that protect sensitive IP, data and credentials in commercial, financial and industrial applications. In 2020, Allegro led Zymbit’s Series A financing to fund the development of a growing pipeline of multi-million-dollar OEM projects.
JTK Finmec is a subcontractor of mid-size welded and machined metal components such as machine frames, masts, booms and parts of exhaust systems for large semi-fuel engines. In 2010 Allegro acquired a majority in the company.
