Announced

Pangea to acquire Recover Group from EQT Partners.

Synopsis

Pangea, an industrial investment company focused on fostering sustainable growth by partnering with businesses across various industries, agreed to acquire Recover Group, a non-discretionary property remediation company, from EQT Partners, a global investment organization that focuses on private equity, real assets, and credit. Financial terms are not disclosed. “Recover is a market-leading platform with strong operations and highly dedicated employees. We are excited to partner with the Company and look forward to supporting its continued growth journey across the Nordics and beyond," Age Landro, Pangea CEO and Recover Chair.

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MergerLinks - Pangea to acquire Recover Group from EQT Partners.