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Announced

HIMA Group completed the acquisition of Origo Solutions.

Financials

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

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Friendly

Majority

Norway

biotechnology company

technology company

Software

Single Bidder

Acquisition

Cross Border

Private

Completed

Synopsis

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HIMA Group, a smart safety solutions provider, completed the acquisition of Origo Solutions, a Norwegian technology company. Financial terms were not disclosed. "It’s a Win-Win-Situation for HIMA and Origo Solutions, with multiple synergies: HIMA will benefit from our long-term experience in the development of safety applications and we at Origo Solutions will be able to utilize HIMA’s enhanced applications portfolio, global sales and service to boost our business," Bjørn-Tore Lenes, Origo Solutions CEO.

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