Private investors RA Service AS and AM Service AS have sold Norsk Industriolje AS to Indutrade AB for an undisclosed consideration.
Norsk Industriolje AS imports, markets and sells branded repair and maintenance supplies to customers within various industries. Typical products include lubricants, greases, chemicals, additives, glue, sealants, tape, cleaning products and protective gear. In addition to well known international brands, the group increasingly offers its own brands within several product categories.
Indutrade is an international industrial group that sells and develops high-tech components, systems and services. Indutrade markets solutions that streamline the customers’ systems and processes. With a decentralized structure, Indutrade operates through nearly 200 subsidiaries with more than 4,500 employees in 27 countries and four continents.
Oaklins' team in Norway advised the seller in this transaction. They handled the sale process, including negotiating with the buyer, structuring the deal, negotiating key terms and project managing the due diligence and legal process to completion.
© 2019 Oaklins. All rights reserved. Oaklins is the collective trade name of independent member firms affiliated with Oaklins International Inc. For details of the nature of affiliation, please refer to www.oaklins.com/legal.