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Zurich, Switzerland – 8 December 2025
Gulf Offshore Limited (“Gulf”), controlled by the Howell family, today announces that it has agreed to acquire Bure Equity AB’s shareholding in Mentice AB (publ) (“Mentice”), a Nasdaq First North Growth Market - listed company (ticker: MNTC). The transaction comprises 4,037,824 shares, corresponding to 14.4 percent of the outstanding shares in Mentice.
As a result of this acquisition Gulf will strengthen its ownership position to 21.6 percent, and together with Karin Howell-Bidermann will hold 55.6 percent of the outstanding shares.
Gulf’s increased holding remains firmly aligned with Mentice’s strategic direction and its market leadership in simulation and training solutions for minimally invasive therapies. The increased holding reflects Gulf’s strong conviction in Mentice’s global strategy and long-term growth potential.
Completion of the transaction is expected during this week.