M&A Deal Summary

News Group Acquires FANN

On June 23, 2014, News Group acquired environmental company FANN

Acquisition Highlights
  • This is News Group’s 2nd transaction in the Environmental sector.
  • This is News Group’s 2nd transaction in Sweden.

M&A Deal Summary

Date 2014-06-23
Target FANN
Sector Environmental
Buyer(s) News Group
Deal Type Merger

Target

FANN

Taby, Sweden
FANN is an environmental engineering company focusing on sewage solutions essentially based on passive wastewater treatment technology. The company provides solutions for more remote properties based on environmentally sound technologies with proprietary customized solutions. Operations are conducted through subsidiaries in Sweden, Finland and Poland, as well as through partners in several other European countries. FANN was founded in 1990 and is based in Taby, Sweden.

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Buyer(S) 1

Buyer

News Group

Taby, Sweden

Category Company
Sector Environmental
Employees80
DESCRIPTION

News Group offers a complete range of sewage solutions outside the gravity-based municipal system. The group develops, manufactures, markets, sells and installs high-quality products and systems for pumping and cleaning sewage. News Group is based in Taby, Sweden.


DEAL STATS #
Overall 2 of 2
Sector: Environmental M&A 2 of 2
Type: Merger M&A Deals 2 of 2
Country: Sweden M&A 2 of 2
Year: 2014 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-23 Skandinavisk Kommunalteknik

Taby, Sweden

Skandinavisk Kommunalteknik is a provider of tailor pressure sewer solutions (LTA) to municipalities, communities and individual installations. Skandinavisk Kommunalteknik specializes in solving tricky sewage problems and has delivered more than 50,000 pumps. Skandinavisk Kommunalteknik was founded in 1980 and is based in Taby, Sweden.

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