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Bonnier Capital Acquires Elektron, Pledging to Preserve Brand and Product Vision

CEO Alexander Hellström calls it "the beginning of a more ambitious journey" as Bonnier Capital takes a majority stake in the Octatrack maker.

Jamie Taylor2 min read
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Bonnier Capital Acquires Elektron, Pledging to Preserve Brand and Product Vision
Source: elinor.se
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Bonnier Capital took a majority stake in Elektron Music Machines AB on April 8, buying the Gothenburg-based maker of the Digitakt, Octatrack, and Machinedrum from a consortium led by EMM Intressenter AB, and immediately pledging that operations, product development, and existing commitments will continue unchanged.

The deal carries a notable structural signal: founder Jonas Hillman and CEO Alexander Hellström, along with the broader management team, reinvested alongside Bonnier Capital. That co-investment locks key leadership into the company's future and offers the community something more concrete than a press release guarantee. Hellström framed the moment in explicitly forward-looking terms. "Joining Bonnier marks an exciting new chapter for Elektron," he said. "At the same time, this is just the beginning of a more ambitious journey ahead. Together with Bonnier Capital, we see strong opportunities to grow further, as we expand our role in shaping the future of electronic music creation."

Bonnier Capital is the investment arm of the Bonnier Group, a Swedish family-owned conglomerate with nearly 200 years of operational history, spanning roughly 175 properties across 15 countries. Investment Director Jonas Von Hedenberg cited Elektron's creative identity as the draw. "Elektron has built a truly distinctive position at the intersection of technology, creativity, and music culture," he said. "Our ambition is to support Elektron's continued growth while preserving the unique identity that has made it so respected by artists worldwide."

Bonnier Capital was founded by the Bonnier Group in 2016 and positions itself as operating outside a conventional fund structure with no fixed exit horizon, which distinguishes it from private equity vehicles that routinely target a sale within five to seven years. For Elektron users who watched what happened to Moog Music and Digitech during previous consolidation cycles, that structural point carries real weight.

AI-generated illustration
AI-generated illustration

Elektron, founded in 1998, runs its headquarters in Gothenburg and maintains subsidiaries in Los Angeles and Berlin. Within the broader Bonnier portfolio, it gains access to what both parties described as "broader strategic resources," and potentially synergies with Bonnier's other audio holdings, including trend analysis platform All Ears and AI music-making service Starmony.

With Superbooth 2026 roughly a month away, any hardware announcements from Elektron will land squarely against the backdrop of new ownership. Whether Hellström's "more ambitious journey" ultimately delivers expanded firmware depth and sequencing capability, or gradually tilts toward more commercially scalable product categories, will define how the community remembers this transition.

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