Formica Capital acquires CodeIT

● PLATFORM | INDUSTRIAL/MANUFACTURING · Production Monitoring & MES

SEPTEMBER 13, 2026

Formica Capital acquires CodeIT

TARGET

Production traceability, labeling, and automation software for manufacturers in food, fish, seafood, wood, and industrial sectors across the Nordics.

Ownership	Founder-owned
Headcount	~80 FTEs
Headquarters	Oslo, Norway
Sell-side advisor	—

ACQUIRER

Formica Capital

Family-owned Nordic investment company that takes active, long-term ownership stakes in profitable and growing businesses

Ownership	Founder-owned
Headquarters	Gothenburg, Sweden
Buy-side advisor	—

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Formica Capital -> CodeIT  (2026-09-18)
buyout | Industrial/Manufacturing | announced
Target: Production traceability, labeling, and automation software for manufacturers in food, fish, seafood, wood, and industrial sectors across the Nordics.
Website: codeitworldwide.com | Buyer site: formicacapital.se
HQ: Oslo, Norway | Ownership: founder-owned | Buyer ownership: founder-owned
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/formica-capital-codeit.html

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