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New Deal


Announced

Norvestor to acquire Colmec Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Sweden

Cross Border

Private

Friendly

Private Equity

Tire shop

Auto Parts

Acquisition

Majority

Pending

Single Bidder

Synopsis

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Norvestor, a private equity firm, agreed to acquire Colmec Group, a distribution platform for truck tire lifecycle management. Financial terms were not disclosed. “After almost 60 years in the family we are excited to welcome Norvestor as new majority owner and partner. Apart from a good cultural match, Norvestor has a long-dating and strong track-record of developing Nordic, family-owned business services companies, and their support will mark a significant milestone in Colmec’s development, positioning us for continued success. We will remain a dedicated minority shareholder in Colmec," Peter Eckerström, Colmec Owner.

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