- Denmark -
Faerch Plast acquires Dutch recycling company 4PET Group (Borsen)
Faerch Plast has entered into an agreement to acquire 4PET Group, a leading Dutch company within recycling of plastic products. Faerch Plast has been backed by PE firm Advent International since June 2017. 4PET Group has approximately 200 employees and reported revenues of EUR 50m in 2017. The acquisition is expected to be completed during Q3 2018.
Founder of Missionpharma sells remaining 20% stake (Finans)
Kim Ginnerup, Co-founder and managing director at Missionpharma has sold his remaining 20% stake for an undisclosed nine-figured amount DKK. Kim Ginnerup will continue as the MD in the company. In 2017 Missionpharma reported revenues of DKK 703m with an operating profit (EBIT) of DKK 86m.
- Sweden -
Catena Media acquires news website LeapRate.com (Cision)
Catena Media has acquired leading Forex Exchange news portal LeapRate.com. Through this acquisition, Catena Media extends its lead in the financial vertical and in FX trading, primarily in the US, the UK and Australia. The acquired assets currently generate quarterly sales of about USD 360,000 of which a majority derives from fixed fees and advertising. The initial purchase consideration amounts to an up-front payment of USD 4m plus an earn-out depending on company performance over the next 12 months.
Transferator AB sells all shares in Aqurat (Spotlightstockmarket)
Transferator AB has sold its entire holding in Aqurat Fondkommission AB. Aqurat Fondkommission AB is Sweden's largest independent emission agency. The buyers are a consortium of private investors. The exact purchase price is at the request of the buyers not made public. Aqurat Fondkommission AB reported a turnover of SEK 7,4m with an EBIT of SEK (1.1m) in 2017.
- Norway -
No news to report
- Finland -
No news to report