Announced
Financials
Tags
Acquisition
Friendly
Netherlands
Private
Test Inspection and Certification (TIC)
Private Equity
Pending
compliance solutions
testing and inspection
Majority
Single Bidder
Disposal
Mbo
Cross Border
Synopsis
Private equity firm Astorg Partners agreed to acquire Normec Group, a provider of testing, inspection, certification and compliance services headquartered in the Netherlands, from Summit Partners, a global growth equity investor. Financial terms were not disclosed. "Over the past years, we have spent significant time reviewing the testing, inspection and certification space through which we have identified Normec. Normec’s leading position in its highly attractive core markets is a strong fit with Astorg’s investment strategy, and we are very excited to support Normec’s international expansion," François de Mitry, Astorg Managing Partner.
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