M&A Deal Summary

Franz Haniel & Cie. Acquires Optimar AS

On December 21, 2017, Franz Haniel & Cie. acquired electrical equipment company Optimar AS from Credo Partners

Acquisition Highlights
  • This is Franz Haniel & Cie.’s 1st transaction in the Electrical Equipment sector.
  • This is Franz Haniel & Cie.’s 1st transaction in Norway.

M&A Deal Summary

Date 2017-12-21
Target Optimar AS
Sector Electrical Equipment
Buyer(s) Franz Haniel & Cie.
Sellers(s) Credo Partners
Deal Type Add-on Acquisition

Target

Optimar AS

Valderoy, Norway
Optimar AS is a provider of highly automated production equipment for the fishing industry. Optimar is based in Valderoy, Norway.

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Buyer(S) 1

Buyer

Franz Haniel & Cie.

Duisburg, Germany

Category Company
Founded 1756
Sector Diversified
DESCRIPTION

Franz Haniel & Cie. GmbH is a family-owned group of companies with holdings in a variety of sectors. Franz Haniel was established in 1756 and is based in Duisburg, Germany.


DEAL STATS #
Overall 3 of 4
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 4
Country: Norway M&A 1 of 1
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-26 ROVEMA group

Fernwald, Germany

ROVEMA group is an international supplier for flexible packaging machinery and facilities. ROVEMA group was founded in 1957 and is based in Fernwald, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-22 BouWatch

Assen, Netherlands

BouWatch is a provider of security solutions for outdoor locations, e.g. construction sites, industrial infrastructure, events, or locations where high-value goods need to be kept safe and secure. BouWatch was founded in 2010 and is based in Assen, Netherlands.

Buy -

Seller(S) 1

SELLER

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 4 of 9
Sector: Electrical Equipment M&A 1 of 2
Type: Add-on Acquisition M&A Deals 3 of 6
Country: Norway M&A 3 of 6
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-30 Villa Paradiso

Oslo, Norway

Villa Paradiso is an operator of a chain of Italian restaurants in Norway and a wholesaler of Italian food ingredients to restaurants. Villa Paradiso was founded in 2004 and is based in Oslo, Norway.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-01 Frisk Utvikling

Oslo, Norway

Frisk Utvikling provides services within work inclusion, specialist and occupational health, HSE, medical clinics, medical research, and organizational development. Frisk Utvikling is a provider of public unemployment services and is rapidly expanding its offering to the private sector. Integrating and professionalizing business processes will create substantial value for both investors and jobseekers. Frisk Utvikling is based in Oslo, Norway.

Buy -