Thanks, interesting share and good reflections there. 
I have a more modest tidbit to contribute to the discussion, but Röko just announced another acquisition in Italy a moment ago.
Röko AB (publ) has acquired 99% of the shares of CyTech S.r.l. (“Cytech”).
CyTech is, through the brand Elastic Interface, the global market leader in pads for cycling pants and ancillary products. The products are sold to leading cycling apparel brands around the world and are used by a majority of the world’s pro teams. The company is headquartered in Italy. CyTech has annual net sales of EUR 27m, around 190 employees, and will be consolidated in the B2C segment in August 2026. The acquisition is not expected to have a significant impact on Röko’s earnings in the current financial year.
So now I have to own something like this as well…
