Patricia Industries' subsidiary Vectura Fastigheter AB ("Vectura"), a real estate company developing and managing innovation clusters and commercial properties, has entered into an agreement with Next Step Group (Next Step) to acquire Next Steps' ownership stake in GoCo Health Innovation City (GoCo) in Mölndal, Gothenburg. 

Vectura and Next Step have together developed GoCo since 2017 into a knowledge-intensive cluster in Mölndal with more than 100 tenants. The transaction includes four properties of approximately 52,000 sqm in total, as well as building rights. The building "GoCo Active Lab" is not included in the transaction and will continue to be developed by Vectura and Next Step.

Vectura currently owns 50 percent of the properties and will, through this transaction, acquire the remaining ownership. The combined property value amounts to up to SEK 2.9bn. Patricia Industries will contribute up to SEK 0.5bn in equity to fund the acquisition.

"We welcome Vectura's acquisition of GoCo, a cluster of high-quality properties with tenants primarily in Life Science and Healthcare. Growing our platform companies within Patricia Industries is a key priority for us and I am pleased that we continue to build and execute on a strong pipeline of strategic add-on acquisitions, as a complement to organic growth", comments Investor's President and CEO Christian Cederholm.

"We are pleased to support Vectura in strengthening its platform through the acquisition of GoCo, a cluster that Vectura has successfully developed over the past nine years. We are committed to supporting Vectura and its management team in their mission to develop and manage knowledge-intensive clusters for innovative companies", says Thomas Kidane, Co-Head of Patricia Industries.

The transaction is subject to regulatory approval and is expected to be completed during the second quarter of 2026.