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New Deal


Announced

Hampidjan to acquire Mørenot from FSN Capital for NOK1.1bn.

Financials

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Transaction Value£93m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

fishing equipment

Pending

Majority

Norway

Consumer Services: Other

Cross Border

Private Equity

Single Bidder

Private

Friendly

Synopsis

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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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