Nordic M&A News
May 3, 2018

- Denmark -

Danish IT security company Cobalt raises DKK 30.8m (Borsen)

Together with a group of existing investors, the Danish venture fund Byfounders have invested DKK 30.8m in Cobalt, headquartered in San Francisco. The five year old Danish IT security company Cobalt has developed a platform based on crowdsourcing. Companies that want to test their IT systems use Cobalt to connect to a wide network of hackers who then try to break into systems to reveal any weaknesses in the security.EXPERT INTERVIEWS | LINK TO ARTICLE

- Sweden -

Folksam and Aberdeen Standard Investments Launch new EUR 300m Fund (Cision)

The Folksam Group, one of the largest insurance companies in Sweden, and Aberdeen Standard Investments today announced the launch of AIPP Folksam Europe II, a real estate fund of funds open only for investors from the Folksam Group. The intention is to invest EUR 300m in European real estate over the next three to four years with an initial commitment of EUR 100m. Investments will mainly be in non-listed funds but may include joint ventures and co-investments.

EXPERT INTERVIEWS | LINK TO ARTICLE 

Nobina divests its express bus operations (Cision)

Nobina divests the wholly owned express bus company Swebus Express AB to the travel company FlixBus Sverige AB for EUR 10.2m. In addition, buses worth EUR 1.9m are transferred to the buyer from Nobina Fleet AB. The sale includes Swebu's commercial operations, brand and majority of the fleet. 

EXPERT INTERVIEWS | LINK TO ARTICLE 

EQT combines Candidator and DGC IT Services (Cision)

EQT combines Candidator and DGC IT Services to form a new group – creating a substantially larger managed IT services provider. EQT will support continued growth and further strengthen the customer service offering, both organically and through select add-on acquisitions. Jörgen Qwist, CEO of DGC, appointed as Group CEO and Johan de Verdier, CEO of Candidator, continues as Head of Candidator with focus on Business Development and M&A for the newly combined group.

EXPERT INTERVIEWS | LINK TO ARTICLE

- Norway -

Havyard acquires full ownership in Norwegian Electric Systems (4-traders)

Havyard Group ASA has signed an agreement for the acquisition of the remaining 49.5% of the high-tech company Norwegian Electric Systems, which means that the company is now fully owned by Havyard Group ASA. Havyard Group ASA engages in the design, development, and construction of ships.

EXPERT INTERVIEWS | LINK TO ARTICLE

- Finland -

No news to report

GET THE M&A NEWSLETTER IN YOUR INBOX

Prepared by Oliver Jacobsen