Gardell has increased share capital from 5 percent to over 8 percent and he has close to 15 percent of the vote. Thus, Cevian passed Industrivärden as the largest owner of Volvo.
– I can confirm that we are now in terms of capital is the largest shareholder in Volvo, says an otherwise reticent Christer Gardell told the newspaper.
The share register is Cevian officially as the owner of 5.1 percent of the capital, but in fact controls the fund thus over 8 percent of the capital in Volvo, according to Dagens Industri.
The big takeover of shares also makes the question arises as to Cevian will continue to stand on the sidelines and affect Volvo basis, or if the venture capital company wants a seat on the board.
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