Lifco AB has acquired a majority stake in Cenika AS
Lifco AB has acquired a majority stake in Cenika AS. Financial details have not been disclosed.
Lifco acquires and develops market leading, niched companies with a potential to deliver sustainable profit growth and good cash flow. The group has three business areas: Dental, Demolition & Tools and Systems Solutions. Lifco is guided by a clear management philosophy implying that the company has a long term view on its holdings, a focus on profitability and a decentralized organization. Lifco has more than 100 companies in 30 countries.
Cenika AS is a leading supplier of low voltage electrical supplies. The company's products include surge arrestors. Cenika sells its own brand CenTech and the Chinese brand Chint to the professional power industry in Norway and Sweden.
Oaklins' team in Norway advised the buyer in this transaction.
Talk to the deal team
Related deals
TotalEnergies and SHV Energy have sold PitPoint.LNG to ViGo Bioenergy
TotalEnergies and SHV Energy have agreed to sell PitPoint.LNG, a Netherlands-based operator of state-of-the-art LNG refueling stations, to ViGo Bioenergy, a Germany-based developer and operator of refueling stations for alternative fuels. With this strategic acquisition, ViGo Bioenergy expands its international station network for alternative fuels and strengthens its European bio-LNG position.
Learn moreJL&P has received a minority investment from Arkéa Capital and Swen Capital Partners
JL&P Group has completed a primary minority LBO with Arkéa Capital and Swen Capital Partners.
Learn moreVelocys secures US$40m of growth capital
Velocys has completed a fundraising with Carbon Direct Capital, Lightrock, GenZero and Kibo Invest.
Learn more