Announced
Completed
Financials
Tags
smart grid solutions
Single Bidder
smart metering
Finland
Private
Friendly
Completed
Diversified Industrials
Acquisition
Cross Border
Private Equity
Majority
Synopsis
Gridspertise, a global technological company, completed the acquisition of Aidon Oy, a provider of solutions for smart grid and smart metering, from Alder Fund I, an investment firm. Financial terms were not disclosed. "We are proud of Aidon's transformation during our ownership, where Aidon has developed into the leading Nordic company in its field of advanced solutions for smart metering and smart grids. We believe that Aidon, with support of its new owner, has strong potential to become the foremost player in Europe in this domain," Dag Broman, Alder Partner.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.