Combinedx AB has entered into a definitive agreement to divest its wholly-owned subsidiary, Nethouse, to Nordlo. This strategic carve-out allows Combinedx to realize significant value from an asset it acquired in 2020, while providing Nordlo with a highly profitable and specialized infrastructure unit. The transaction is subject to customary regulatory approvals from the Swedish Competition Authority and the Inspectorate of Strategic Products (ISP), with closing expected within five weeks of the announcement. The strategic rationale for Combinedx is the optimization of its portfolio and the generation of surplus liquidity, which the board intends to evaluate for potential extraordinary dividends or reinvestment into higher-growth digital segments. For Nordlo, the acquisition of Nethouse adds significant scale to its cloud and security offerings, integrating a team of 120 experts with a proven track record in high-availability systems.

Nethouse is a specialized Swedish IT consultancy focused on robust cloud infrastructure and the management of high-availability systems with stringent security requirements. Founded in 1998, the organization provides mission-critical application management and IT infrastructure services to a diverse client base. The business model centers on high-reliability outsourcing and technical consulting, employing 120 professionals. Before its divestment, Nethouse was a core contributor to its parent group, representing 25% of its total revenue and pro forma EBITA. Its value proposition is anchored in the management of complex IT environments where uptime and data security are paramount, making it a key player in the Swedish managed services market.