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Announced

Completed

Gridspertise completed the acquisition of Aidon Oy from Alder Fund I.

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.

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