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.
Read more
| Fund | HitecVision V LP Argentum share 10.72% |
| Portfolio Company | Grenland Group |
| Date of Transaction | 2010-06-23 |
| Transaction | Spin-out |
| Seller | |
| Buyer | |
| Size of Transaction | |
| Ind. Focus | Energy |
| Geography | Norway |
| Stage | Small/mid-cap buyout |