Announced
Financials
Tags
Acquisition
fishing equipment
Pending
Majority
Norway
Consumer Services: Other
Cross Border
Private Equity
Single Bidder
Private
Friendly
Synopsis
Hampidjan, a firm engaged in the manufacturing of pelagic trawls, agreed to acquire Mørenot, a manufacturer of fishing equipment, from FSN Capital, a private equity firm, for NOK1.1bn. “During the last few years, Mørenot has continued its sales growth by developing into a more structured company with improved production, organization and product portfolio. The combination with Hampiðjan will create a global leader, and is a natural next step on this industrialisation journey, of which FSN Capital V is excited to be a part," Ulrik Smith, FSN Capital Co-Managing Partner.
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