Nordic M&A News
September 19, 2018

- Denmark -

Novo Holdings acquires shares in Envirotainer (Borsen)

Novo Holdings has acquired 24.9 % of the shares in Envirotainer from the capital fund Cinven, which reportedly paid DKK 7.5 bn for the company this summer. This is aligned with Novo Holdings strategy of obtaining partnership investments with capital funds where they acquire a minority position. Swedish Envirotainer is a world leader in tempered containers and is 4 times larger than its closest competitors.

Ørsted divests 50 % of Hornsea 1 offshore Wind farm (Press release)

Global Infrastructure Partners (GIP) has agreed to buy 50 % of Hornsea 1 at the price of DKK 37 bn. Hornsea 1 is a 1,218 MW offshore Wind farm, which will be completed in 2020, thereby being the largest of its kind in the world. GIP has already placed investments in two of Ørsted's German Wind farms.

TV2 enters strategic partnership with Boxer/Stofa (Borsen)

Energy- and television Group SE (Syd Energi), which owns Boxer and Stofa, enters a strategic partnership with TV2 to include their on-demand service TV2 Play in their subscription services. The service starts this October and is expected to be fully rolled out by January 2019.

Pandora stocks soars after acquisition rumors (Il Sore 24 Ore)

According to the Italian finance media Il Sore 24 Ore, Bain Capital and KRK could be the potential investor group to delist Pandora. Affected by this rumor, the shares soared over 8 %, thereby giving Pandora a valuation of approx. DKK 44 bn.

- Sweden -

Nordstedt Publishers acquires Printz Publishing (Press release)

Storytel subsidiary Nordstedt Publishers has acquired Printz Publishing for an undisclosed amount. The acquisition positions Nordstedt stronger in the Swedish book market. Printz has a reported SEK 20 m turnover and SEK 4 m EBIT.

- Norway -

Kongsberg Group rumored to acquire state-owned enterprise (TU.no)

Kongsberg Group is rumored to acquire the state-owned Aerospace Industrial Maintenance (AIM), which is owned by the Norwegian Ministry of Defense. The company has been up for sale for a while and a potential buyer has now been found. AIM performs maintenance, i.e. on F-16 jets and AW101 rescue helicopters.


- Finland -

No news to report

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Prepared by Morten Loft Sørensen