Deal

Eqvitec Technology Fund III acquires majority stake in Scaninter Nokia

Eqvitec Technology Fund III and Finnish Industry Investment Ltd have acquired a majority of shares in Oy Scaninter Nokia Ltd, one of the leading vertical access equipment manufacturers in Northern Europe.

Scaninter Nokia designs, manufactures and sells Scanclimber branded mast climbing work platforms and industrial hoists. The company constantly develops new products and has a strong product portfolio. Products are delivered to customers in Europe, Asia, Australia, Middle-East and USA.

The company has headquarters at Pirkkala, Finland and manufacturing takes place in Gniezno, Poland. 

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FundVerdane ETF III SPV (PKA Eqvitec Technology Fund III) Argentum share 14.19%
Portfolio CompanyScaninter Nokia
Date of Transaction2008-03-31
TransactionAcquisition
Seller
BuyerVerdane ETF III SPV (PKA Eqvitec Technology Fund III)
Size of Transaction 
Ind. FocusIndustrial
GeographyFinland
StageVenture
 

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