.
MergerLinks Header Logo

New Deal


Announced

Comrod to acquire a 75% stake in Sorskar Mekaniske Verksted.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For75%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Majority

Machinery: Industrial

Pending

Norway

Acquisition

Single Bidder

mechanical services

robotization

Private

Friendly

Synopsis

Edit

Comrod, an international manufacturer of antennas, control systems, masts and power supplies for the defense and commercial markets, agreed to acquire a 75% stake in Sorskar Mekaniske Verksted, a supplier of mechanical services including robotization. Financial terms were not disclosed. "Acquiring a highly efficient mechanical workshop as part of the company provides opportunities to both expand the Comrod product range, and to streamline production processes. This is an important strategic acquisition for Comrod," Ole Gunnar Fjelde, Comrod CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US