M&A Deal Summary

Credo Partners Acquires Mill

On June 27, 2019, private equity firm Credo Partners acquired electrical equipment company Mill

Acquisition Highlights
  • This is Credo Partners’ 2nd transaction in the Electrical Equipment sector.
  • This is Credo Partners’ 13th transaction in Norway.

M&A Deal Summary

Date 2019-06-27
Target Mill
Sector Electrical Equipment
Buyer(s) Credo Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Mill

Østerås, Norway
Mill designs and manufactures wall hanging- and portable electric space heaters and focuses on the design and smart home solutions. Mill aims to build a global customer-centric household appliance company, primarily by way of organic expansion in international markets. Mill was founded in 1992 and is based in Østerås, Norway.

Search 214,356 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Credo Partners

Oslo, Norway

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2003
Size Small
Type Sector Agnostic
DESCRIPTION

Credo Partners is a Norwegian investment- and advisory firm that focuses on value creation in companies where strategic repositioning and significant improvements in operations are critical success factors. Credo Partners have extensive top management experience from Norwegian and international industry, and specialize in profitability improvements in companies with clear improvement potential. Credo Partners was established in 2003 and is headquartered in Oslo, Norway.


DEAL STATS #
Overall 16 of 23
Sector: Electrical Equipment M&A 2 of 5
Type: Buyout (LBO, MBO, MBI) M&A Deals 16 of 23
Country: Norway M&A 13 of 19
Year: 2019 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-16 MMC First Process

Fosnavag, Norway

MMC First Process is a seafood cooling systems provider. MMC First Process is a supplier of solutions for handling seafood to the fisheries and aquaculture industries, with a position in systems for gentle loading, storage, and unloading of live fish on board well boats. MMC First Process is based in Fosnavag, Norway.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-05 Konstel

Lierstranda, Norway

Konstel is an electrical installation and service supplier group in Eastern Norway. Konstel combines the flexibility, personality, and efficiency of a small company with the resources, networks, and professionalism of a large business. Konstel was founded in 2006 and is based in Lierstranda, Norway.

Buy -