Castik-backed TBAuctions completed the acquisition of Klaravik.

Castik-backed TBAuctions, a Netherlands-based group of online auction companies including Troostwijk Auctions, completed the acquisition of Klaravik, an online auction houses for used machinery and process equipment. Financial terms were not disclosed. "We are thrilled about this endeavour, as expanding internationally is the natural next step for Klaravik. TBAuctions and Klaravik share the same ambition of becoming leading players in the online auction space. For us this is a perfect match," Christian Lenander, Klaravik CEO and Co-Founder.