Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Japanese fund to invest in Norwegian drone company
November 23, 2018

The Japanese "Drone Fund" has invested NOK 20m in Norwegian Griff Aviation for a 15% stake in the company thus valuing the company at NOK 133m. Griff Aviation specializes in large drones with strong lifting capacity certified for industrial use. The company reported sales of NOK 1.4m with EBIT of NOK 97.000 in 2017.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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