Rolls-Royce acquires Scandinavian Electric Holding AS
Borea has agreed to sell its 67 % stake in Scandinavian Electric Holding AS (SEH) to Rolls-Royce.
In 2007 the company had a turnover of approximately NOK 405 million and EBITDA of NOK 44 million. Over the last years SEH has experienced substantial growth, and has successfully competed against international suppliers. SEH has 150 employees, mainly located in Norway.
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