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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| Fund | HitecVision Private Equity IV LP Argentum share 21.83% |
| Portfolio Company | Technor |
| Date of Transaction | 2009-08-06 |
| Transaction | Spin-out |
| Seller | Technor Group |
| Buyer | Howard Gould and John Holliss |
| Size of Transaction | |
| Ind. Focus | Energy |
| Geography | Norway |
| Stage | Small/mid-cap buyout |