Announced
Completed
Financials
Tags
Norway
hoists and cranes
cranes
Machinery: Construction
Acquisition
Domestic
Private
Majority
Completed
Friendly
Private Equity
Single Bidder
Mbo
Synopsis
Axxelerator Capital, a Norwegian investment company, completed the acquisition of Industrikran Norge, a supplier of cranes to the industry in Norway. Financial terms were not disclosed. "We are very pleased to have Axxelerator on the owner's side. With their long-term perspective and solid experience, we will have a good basis for further developing and building on that success we have so far had. Axxelerator will contribute with increased competence to further develop the organization and be an important supporter for further growth," Ground Tveit, Industrikran Norge Founder and General Manager.
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