During April 2023, Herkules IV sold it’s remaining shareholding in publicly listed Scana ASA ("Scana"). Scana is a listed industrial owner company in the ocean industries creating value through active ownership in market-leading portfolio companies.

On 2 March 2023, Herkules IV divested it’s remaining shareholding in publicly listed LMK Group AB ("LMK"). LMK is a leading supplier of meal kits in the Nordic region and considers itself a leader in Scandinavian food tech. LMK operates in Sweden, Norway and Denmark under the brands Linas Matkasse, Godtlevert, Adams Matkasse and RetNemt.