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Vestum completed the acquisition of Scanregn.

Synopsis

Vestum, an acquisition-driven Swedish company that focuses on acquiring and developing specialist companies within water, services, and infrastructure, completed the acquisition of Scanregn, a supplier of total solutions within pumps for agriculture and industry. Financial terms were not disclosed. "It is a joy to hand over Scanregn to Vestum, whom I deeply believe have the vision, experience and skills to carry Scanregn into the future. A future where suppliers and customers will experience unchanged close cooperation with Scanregn, while new forces will lift the company to offer new products and solutions," Peter Birk, Scanregn CEO.

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