Announced
Financials
Tags
Majority
Norway
Cross Border
Auto Parts
Friendly
Private Equity
Single Bidder
Acquisition
Pending
trailers
Private
Synopsis
Storskogen-backed Brenderup Group, a trailer manufacturer in Malmö, Sweden, agreed to acquire Tysse, a Norwegian manufacturer and supplier of trailers. Financial terms were not disclosed. "Tysse is somewhat of an ‘industrial adventure’ created by owners, employees and resellers through 60 years of hard work. The Tysse family is immensely proud over what the company has achieved. To continue to grow and expand internationally, I concluded that Tysse should be part of a larger group. With Storskogen and Brenderup we have an owner with great product- and production know-how and an owner that shares the same values and goals as Tysse. An industrial owner provides us with the best opportunities to continue develop the company and secure growth and job opportunities in Tyssebotnen in the coming generations," Rune Tysse, Tysse Managing Director.
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