Deal

Grenland Group sells Grenland AsIs Global

Apply Capnor has agreed to buy Grenland AsIs Global, part of the Grenland Group.

Apply Capnor and ASIS are frontrunners within the laser scanning technology and they are the leading independent suppliers in this segment in Norway.


The two companies have a turnover of approximately USD 15 million and will be located in new office facilities at Koppholen in Stavanger, Norway.

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FundHitecVision V LP Argentum share 10.72%
Portfolio CompanyGrenland Group
Date of Transaction2010-06-23
TransactionSpin-out
Seller
Buyer
Size of Transaction 
Ind. FocusEnergy
GeographyNorway
StageSmall/mid-cap buyout
 

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(2011-07-13)