Nordstjernan is a family-controlled investment company whose business concept is to develop companies through active ownership and create long-term value growth through an increase in net asset value.

Nordstjernan was founded in 1890 as a shipping company. In the 2000s Nordstjernan evolved into an investment company, acquiring holdings in Etac 2006. 2011 Nordstjernan increased its holdings in Etac from 60 to 100 percent.

Nordstjernan currently has shareholdings in some 20 listed and unlisted companies with headquarters in the Nordic region.