Ratos, the Swedish private equity firm, has sold its 44% stake in DataVis, a Swedish information technology company, to CapMan, the Nordic private equity firm, at a loss. The deal helps clear its portfolio of high tech investments.

Ratos has made an overall loss of up to Skr180m (€20m) on the disposal. It had bought the stake in DataVis for Skr190m, in late 1999, but subsequently wrote the value of its investment down to Skr9m in the wake of the downturn in the information technology industry.