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Karnell Group AB is a Swedish investment company specializing in the acquisition and long-term ownership of small to medium-sized industrial technology firms in the Nordic region. The company focuses on B2B industrial technology enterprises, excluding general distributors or systems reliant on third-party suppliers. Karnell typically invests between SEK 50 million and SEK 150 million in companies with annual revenues ranging from SEK 50 million to SEK 350 million, targeting firms with an EBITA exceeding SEK 10 million and an EBITA margin above 10%. Headquartered in Stockholm, Sweden, Karnell operates with a decentralized model, preserving the unique characteristics of each portfolio company while providing strategic and financial support for growth.

RTX is an aerospace and defense manufacturer formed from the merger of United Technologies and Raytheon, with roughly equal exposure across three segments, mostly as a supplier to commercial aerospace and to the defense market: Collins Aerospace, a diversified aerospace supplier; Pratt & Whitney, a commercial and military aircraft engine manufacturer; and Raytheon, a defense prime contractor providing a mix of missiles, missile defense systems, sensors, hardware, and communications technology to the military.