Norvestor divests Oy Johnson Metal Ab
Norvestor IV, L.P. (“the Fund”), has divested Oy Johnson Metall Ab (“JMOY”) to Sacotec Invest Oy, a Riihimäki based member of the Sacotec companies (“Sacotec”). JMOY was until recently a subsidiary of Johnson Metall AB (“JMAB”), the final investment in the Fund.
The Fund aim to conclude the exit of the remaining JMAB in 2019, thereby finalizing the Fund.
“During their entire ownership period, Norvestor made certain we were equipped with the necessary flexibility to invest in premises and machine technology. This flexibility has allowed Johnson Metall to remain the Nordic market leader in bronze products creating long-term and trust-based relationships with our customers. Together with Norvestor we have built a sound fundament for continued growth and further expansion of Johnson Metall’s business”, says Juha Heinonen, CEO of Oy Johnson Metall Ab.
The Fund was advised by MCF Corporate Finance, Thommessen, PwC and Arkwright.
For further information:
Trond Bjørnøy, Partner in Norvestor Telephone: +47 40 22 30 14 Email: email@example.com
Torbjörn Nordh, CEO of Johnson Metall Telephone: +46 19 17 51 22 Email: firstname.lastname@example.org
Norvestor is a leading private equity company focusing on lower mid-market buyouts in the Nordic region. The team has worked together since 1991 making it one of the most experienced private equity teams in the Nordics, having executed 71 investments with >250 add-on acquisitions, in addition to executing 48 exits, including 15 IPOs. Norvestor focuses on investment opportunities in growth companies, making platform investments principally in Norway and Sweden, with potential to achieve a leading Nordic or international position either through organic growth, through acquisitions or by expanding into new countries. Read more at www.norvestor.com