Vargas

Vargas Holding is an impact company builder, incubating ventures addressing high-emission, hard-to-abate sectors. It develops disruptive businesses using a greenfield model, emphasizing vertical integration and deep customer collaboration. Vargas creates companies across energy storage, decarbonized steelmaking, hydrogen, residential clean energy, and textile recycling, driving electrification and decarbonization.

Founded in 2014, Vargas Holding was established on the insight that transforming traditional industries is crucial for combating the climate crisis and bolstering European industrial competitiveness. Carl-Erik Lagercrantz serves as CEO and Harald Mix as Chairman, with foundational capital largely financed via Mix’s Kallskär vehicle. Their pedigree informs Vargas’s strategic focus on new value chains.

Vargas’s portfolio companies provide solutions to diverse industrial partners and consumers seeking sustainable transitions. Its vision extends beyond initial incubation, aiming to act as a long-term owner scaling these ventures. Vargas Holding seeks to realize the full potential of its enterprises, driving a transition toward a sustainable economy.