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Announced

Storskogen-backed Brenderup Group to acquire Tysse.

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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