Norvestor, a private equity firm, agreed to acquire a stake in Langer & Laumann, a electronics manufacturer, from Odewald a private equity firm. Financial terms were not disclosed. “I am excited to welcome Norvestor as the new majority owner of Langer & Laumann and I look forward to embark upon the next stage of growth together. With Norvestor’s long-standing and successful track record of developing service and aftermarket businesses, I am confident that we are ideally positioned to grow in the Nordic region and beyond. Moreover, with backing from Norvestor we will benefit from their experience in building digital capabilities as well as buy-and-build expertise, which will enable us to potentially pursue synergistic add-ons to accelerate our international growth journey," Martin Platt, Langer & Laumann CEO.