Founded in the early 1930s, Silva now has a turnover around SEK300m and 230 employees worldwide. The company says the new funding injected by Amplico will build on the recent restructuring programme undergone by the company to give an enhanced focus on products in the outdoor and marine sectors.

"By focusing on design and product development we have created a platform which allows us to grow more rapidly, " commented Lars Gullikson, CEO of Silva. "We have built strong positions both in Western Europe and in North America through our sister company Brunton, and we are gaining market share in all segments. We are confident that with Amplico as a partner, Silva will be in an even stronger position to realise its long-term expansion plans."

"Silva is a company with old traditions and a strong brand name, and we have been impressed by the changes that the group has implemented over the past few years, " commented Mikael Olsson, partner at Amplico Capital AB.

"Today Silva has a strong base from which to grow and we are delighted to be a part of that."

Amplico Capital AB is a risk capital company, investing capital in mature companies that have completed major restructuring programs and where there is potential for continued development. The company has its headquarters in Gothenburg. Amplico has additional holdings in companies that include Network Technical AB and Inpac AB.