El-Bjorn International and Satema go into definitive merger to create Noth Europe's largest player in temporary power, light, and climate. The merger would be named as United Power. Financial terms were not disclosed. Connecting Capital will be the principal owner of United Power together with Svein Persson and Tore Persson. United Power will have production in Norway, Sweden, Finland, and Latvia. The group employs about 250 people and has a turnover of about $80m. "We, as the owners of Satema, see this business deal as a possibility to create a larger group with sufficient resources for expansion both in terms of products and geographically," Tore Persson, Satema Owner.