AVA Monitoring AB is acquired by Indutrade AB
Oaklins is proud to have acted as financial advisor to the owners of AVA Monitoring AB in connection with their sale to Indutrade AB.
AVA Monitoring develops and sells equipment for measuring ground vibration. The company’s fully automatic and cloud-based measurement system are foremost used in the monitoring of ground vibration and noise in conjunction with infrastructure construction projects. The company’s customer base consists mainly of engineering consulting companies that specialise in providing measurement services for building and construction projects. Headquartered in Gothenburg, AVA Monitoring delivers measurement instruments, sensors and cloud-based services to customers in the Nordics, the UK, Australia and Canada.
Indutrade is an international industrial group that sells high-tech products and solutions. The measurement & sensor technology business segment consists of companies that sell measurement instruments and systems, sensors, control and automation systems and monitoring equipment for various industries. All companies within the segment have their own advanced technology products and separate development, design and manufacturing departments. Headquartered in Stockholm, Indutrade operates through more than 200 subsidiaries with approximately 7,000 employees in 32 countries spread over four continents. The Group's revenue amounts to approximately USD 1.9bn.
Oaklins have been instrumental in finding a new long-term and capable owner for AVA that can take part in realising the company’s full potential internationally. We fit well into Indutrade’s efforts within the Measurement & Sensor Technology segmentOwe Källström, CEO of Ava Monitoring
This transaction marks yet again Oaklins’ ability to assist entrepreneurs in finding a new owner that can genuinely take the company into its next phase. It is also a pleasure for us to once again advise another tech companyLars Gustafsson, Partner at Oaklins