Nordic Capital completed the acquisition of majority stake in Foxway.

Nordic Capital, a private equity investor, completed the acquisition of majority stake in Foxway, a European provider of circular IT services. Financial terms were not disclosed. "We're pleased to have Nordic Capital as a new partner on our journey. We are immensely proud of the team at Foxway and how we have built a European leader in circular IT. With new valuable international experience and expertise, I'm confident that this will able us to support more clients on a global scale to incorporate a more sustainable profile in their businesses. With our leading in-house refurbishment centers, Foxway is leading the industry into a more sustainable era and enabling the complete eco-system of circular services," Martin Backman, Foxway CEO.