Scana Steel Söderfors AB has been acquired by Garden Growth Industries AB
February 2015 — Scana Industrier ASA has sold its division Scana Steel Söderfors AB to Garden Growth Industries AB. Financial details have not been disclosed.
Scana Steel Söderfors AB is a manufacturer of high quality steel products specializing in high-alloy and high-purity steels for demanding applications. The company's main products are forged or rolled bars, sections, profiles and open die forged components with a high technical content.
Garden Growth Capital is a private investment firm that acquires ownership positions in public and private companies with significant growth or turn-around potential. Garden Growth Capital engages in its investment as a highly active owner with a long-term perspective on value creation.
The Scana group is organized into five business areas: energy, propulsion, offshore, property and other activities. Most of Scana’s companies serve one or more of three market segments: marine, energy, and steel and machinery.
Our role in the transaction
Oaklins's teams in Norway and Sweden advised the seller in this transaction.
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