- Denmark -
Northcapital acquires Starz Gruop (Borsen)
The Danish group Northcapital has bought a distressed industrial company in Germany. In the long term, the plan is to resell or IPO. Northcapital is the world's largest investor in precious stones with assets for billions, and now also throws its forces and resources in a completely different direction. This is shown in the recent acquisition of East German Starz Group with more than 700 employees. They produce cable sets and control electronics for fire trucks and luxury buses. The price has not been revealed.
- Sweden -
Folksam sells property to EQT (Cision)
Folksam has sold the tomato dish Hønsfodret 1 to EQT. The underlying property value amounts to approximately SEK 345m. The building of 9,000 sqm was built in 1983 for Folksam, which operated activities in the premises until June 2011. The building is currently used for school activities. This is the second investment made in Sweden for EQT Real Estate 1, which owns properties worth a total of SEK 1.5bn.
- Norway -
Wiski Capital invests in Happybytes (Dagens Naeringsliv)
Wiski Capital, owned by Gustav Magnar's Witzøe and Øystein Skiri, invests in Happybytes. Adresseavisen writes that Happybytes has its head office in Trondheim, and is headed by founder Thomas Sandaker. Sandaker has previously been building the mobile company OneCall. "We want to give our subscribers more data for a cheaper price. It's hard to know how much mobile data you need every month, and that is where we come in. With us, you simply pay for what you are using" says Sandaker.
- Finland -
No news to report