
CR Group Nordic
Strategic
Investment
Defence Tech
Sector
Stockholm
HQ
Cyber security in society’s service
Purpose
270
Employees
710 MSEK
Revenues 2024 pro forma
CR Group Nordic was established in 2022 with the purpose of building an European leader in secure and sovereign cyber security and communication solutions tailored for defence, government agencies and businesses that are critical for society. CR Group made its first acquisition in 2023, by acquiring Tutus Data. In January 2024, West Code Group was acquired and in August 2024, CR Group concluded an agreement to acquire the Dutch cyber security company Fox Crypto B.V.
CR Group provides encrypted communications, cyber security, and hardened networks to safeguard mission-critical operations. The company´s expertise ensures seamless, secure connectivity across defence, intelligence, and critical infrastructure, protecting sensitive information against evolving threats. Built for resilience in high-risk environments, the solutions ensure secure collaboration, network security and operational continuity — even in contested and high-threat scenarios.
The global annual cost for cyber-crime is estimated to reach 8 trillion USD in 2023, which makes it a significant threat to global digitalization. Increased digitalization across global industries is identified in Formica’s Solutions Map as a main contributor to reach the UN Sustainable Development Goals and the Paris agreement.