Deal

Technor Group sells Technor ISIS

Technor group has sold its subsidiary Technor ISIS ltd. The sale is part of the group’s long-term strategic plan.

Technor ISIS designs and manufactures ATEX approved explosion-proof computers for the oil and gas sector. The company has been purchased by Managing Director, Howard Gould and Financial Director, John Holliss.

The company will now trade as ISIS-Ex Limited

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FundHitecVision Private Equity IV LP Argentum share 21.83%
Portfolio CompanyTechnor
Date of Transaction2009-08-06
TransactionSpin-out
SellerTechnor Group
BuyerHoward Gould and John Holliss
Size of Transaction 
Ind. FocusEnergy
GeographyNorway
StageSmall/mid-cap buyout
 

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(2011-07-13)