M&A Deal Summary

GSIM and Rieber & Søn ASA Acquire Q-Free

On September 26, 2023, infrastructure investor GSIM and Rieber & Søn ASA acquired safety/security company Q-Free

Acquisition Highlights
  • This is GSIM’s 1st and Rieber & Søn ASA’s 1st transaction in the Safety/Security sector.
  • This is GSIM’s 1st and Rieber & Søn ASA’s 1st transaction in Norway.

M&A Deal Summary

Date 2023-09-26
Target Q-Free
Sector Safety/Security
Buyer(s) GSIM
Rieber & Søn ASA
Deal Type Going Private

Target

Q-Free

Trondheim, Norway
Q-Free is a global innovator in intelligent transportation systems, which improve traffic flow, road safety, and air quality. Q-Free was formed in 1984 and is based in Trondheim, Norway.

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Buyer(S) 2

DESCRIPTION

GSIM is an infrastructure focused investment group and subsidiary of asset manager Guardian Capital Group Limited. GSIM looks to make direct investments in real assets with a special interest in businesses that combine technology with infrastructure. GSIM is based in Toronto, Ontario.


DEAL STATS #
Overall 1 of 1
Sector (Safety/Security) 1 of 1
Type (Going Private) 1 of 1
Country (Norway) 1 of 1
Year (2023) 1 of 1
Buyer

Rieber & Søn ASA

Bergen, Norway

Category Company
Founded 1839
Sector Food
DESCRIPTION

Rieber & Søn ASA engages in the production and sale of various food and related products. The company was founded in 1839 and is headquartered in Bergen, Norway.


DEAL STATS #
Overall 1 of 1
Sector (Safety/Security) 1 of 1
Type (Going Private) 1 of 1
Country (Norway) 1 of 1
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-26 Rieber Industrial Spices Savory

Norway

Rieber Industrial Spices Savory engages in the development, manufacture, and marketing of savory taste solutions (the non-sweet taste spectrum). Its product line includes flavors, seasoning compounds, and functional ingredients for the food industry, with a specialization in the processed meat, fish, and convenience food sectors.

Sell $4M