AllaNova Group

AllaNova Group

AllaNova Group traces its founding to 1989 when the Britta and Allan Lehto Scholarship Fund was established in connection with entrepreneur Allan Lehto's 50th birthday. The Nyaiesh family later joined as co-owners. The firm operates as an independent investment company seated in Stockholm and does not accept external capital beyond the owning families. Investment activity spans public equities, syndicated loans, unlisted small companies, commercial real estate and timberland. Confirmed holdings include board seats at Nyhléns Hugosons AB, Jokkmokks Korv & Rökeri AB and Petterssons Charkuteri i Boden AB. Geographic reach centers on Sweden with additional exposure through the Finnish Snellman Group, which acquired a minority stake in Nyhléns Hugosons AB in 2019. Capital is deployed both directly and via external Scandinavian fund managers. The firm maintains two wholly owned entities: AllaNova AB as the parent and AllaNova Invest AB as the vehicle for start-up capital, bridge financing and real-asset purchases. A 2021 transaction saw Tempcon Group acquire Logistikpartner i Norr AB, a prior minority holding. The team lists three board members drawn from the Lehto and Nyaiesh families. AllaNova Group separates its two philanthropic vehicles—the Britta and Allan Lehto Scholarship Fund and The AllaNova Foundation—from operating capital. Only investment returns are distributed, preserving the principal for intergenerational use while limiting external capital intake to family sources.