NorKjemi AS has been acquired by Shield Group International
November 2013 — Shield Group International has acquired NorKjemi AS in what is Shield Group International’s second strategic acquisition in the Scandinavian market. Financial details have not been disclosed.
Established in 2005, NorKjemi is the leading legionella control and energy optimization company in Norway, currently with service agreements for approximately 500 buildings. NorKjemi has grown significantly and has invested heavily in the development of digital tools as well as quality-driven services and expertise that are unique in the industry. This transaction provides NorKjemi with increased knowledge of the European market, and additional competences and expertise. On the other hand, Shield Group International gains market share and new services in the field of energy optimization.
Shield Group International Shield Group International, part of the Dutch company ACTA, operates in the field of testing, inspection and consultancy (TIC) combined with education and e-services (data services) as well as risk and compliance management.
Our role in the transaction
Oaklins' team in Norway was engaged as the M&A advisor to the shareholders of NorKjemi in connection with the sale of the company. Oaklins' team in the Netherlands assisted the Norwegian team identifying and contacting the ultimate buyer, Shield Group International.
Talk to the deal team
Related deals
Terhills Resort by Center Parcs has been acquired by TwentyTwo Real Estate
Terhills Resort, a premium resort in Belgium combining luxury and nature located near Hoge Kempen National Park and operated by Center Parcs, has been sold by venture capitalist LRM to TwentyTwo Real Estate, an independent real estate investor and operator. Both the real estate and the operations were included in the transaction, and Center Parcs is staying on board as an operational partner.
Learn moreOEP Danzig BidCo has completed a mandatory tender offer for the shares of Digital Value
OEP Danzig BidCo S.p.A. has completed a mandatory tender offer for the shares of Digital Value S.p.A.
Learn moreBolster Investment Partners has secured debt financing for the acquisition of Royal Taste Company
Bolster Investment Partners has partnered with Royal Taste Company, a leading Dutch custom signature coffee platform offering end-to-end sourcing, blending, roasting, packaging and delivery services. The partnership marks an important next step in Royal Taste Company’s growth trajectory, focused on further geographical expansion, commercial development and selective strategic acquisitions.
Learn more