- Denmark -
A.P. Møller Maersk will merge Maersk Line and Damco (Borsen)
In beginning of 2019, A.P. Møller Mærsk will merge Maersk Line and Damco into one organization in an effort to provide end-to-end logistics solutions for cargo owners. Commercial Director, Vencent Clerq says that it is an important step to provide their customers in the Maersk Group with an all-in-one product.
Hungry is looking for investors (Finans)
The Just-Eat competitor Hungry has hired Nordea Corporate Finance to help them find an investor who can help them promote international growth. According to Finans' information, the owners are open to selling a controlling influence in the company, but the management still wants to be at the forefront of Hungry. Last year, Hungry increased their earnings by 45 percent in Denmark.
- Sweden -
Savelend acquires the billing company Billecta (Realtid)
The credit company Savelend has acquired the digital billing company Billecta. In the start of September, Ssavelend raised SEK 10m in a financing round, and the company stated that the money would, among other things, be used to finance a strategic acquisition. Billecta automates invoice flows, including accounting, payment reminders and requirements management.
- Norway -
Candidator acquires Dataoppdrag AS in Bergen (Press release)
The EQT Portfolio company Candidator, strengthens its position in Bergen with the acquisition of Dataopdrag AS. Data oppdrag offer IT operations, cloud services, support and sales of hardware to customers in and around Bergen, as well as in the Oslo area. The acquired company had a turnover of NOK 35m with EBIT of NOK 2.2m and 22 employees in 2017.
- Finland -
Bravida acquires Finnish Hangö Elektriska (Press Release)
Bravida acquires Hangö Elektriska, which has 90 employees and an annual turnover of approx. SEK 160m. Hangö Elektriska offers electricity and plumbing solution in both Sweden and Finland. CEO of Bravida states in the press release that Bravida has a clear strategy to grow in Finland and that this acquisition has helped them become an even stronger supplier in Finland.
Technotree and Fitzroy have agreed on final investment terms (Press Release)
Technotree Corporation and Fitzroy Investment Limited have agreed to terms on the offer presented by Fitzroy on September 3rd. The offer consists of an equity investment in Technotree for the maximum amount of EUR 5m.