Teqnion AB (TEQ.ST): Inside a Nordic Serial Acquirer

In this Business Breakdown, David Barbato sits down with Teqnion's (TEQ.ST) CXO, Daniel Zhang. Join MicroCapClub and unlock the ability to listen and participate live in these discussions.

In this episode, Daniel explains why Teqnion buys physical product companies rather than service businesses, how it pays around five times EBIT when the market pays closer to eight, and what the China sourcing office he set up has done to costs across the group. He also covers the operational problems that hit roughly ten subsidiaries, where that turnaround stands now, and how Teqnion's bonus structure penalizes managers when earnings fall.

You can listen/watch this business breakdowns on Spotify, Apple, and YouTube below:

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