Announced
Completed
Synopsis
Storskogen, which acquires and manages well-managed and profitable small and medium-sized enterprises within the business areas of industry, completed the acquisition of a majority stake in Tornado Group, a provider of premium branded animal fencing products. Financial terms were not disclosed. “When I joined Tornado in 1976 it was a small fence contracting business based in Scotland. There have been many changes since then as it grew into the market leader of agri fencing in the UK with significant export sales. I am delighted to be partnering with Storskogen as they clearly share our culture, values and long-term approach; we are ambitious for further success but only when it is achieved in a sustainable and ethical way. I am proud of what we have achieved so far and excited about the future as part of the Storskogen group”, Kenny Campbell, Tornado Managing Director .
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