CataCap completed the acquisition of a 65% stake in Nordmark.

CataCap, a private equity firm, completed the acquisition of a 65% stake in Nordmark, a turbine component precision machining manufacturer. Financial terms were not disclosed. "We see enormous growth potential in Nordmark. The company is well-positioned in a market that requires unique competencies and special know-how to manage the size of the components, extreme demands for precision and complicated logistics. We look forward to further strengthening its position in the global offshore market which is projected to grow significantly in the coming years," Jens Hahn-Petersen, CataCap Partner.