M&A Deal Summary

Norvestor Equity AS Acquires BecoTek

On February 1, 2007, private equity firm Norvestor Equity AS acquired manufacturer BecoTek

Acquisition Highlights
  • This is Norvestor Equity AS’s 1st transaction in the Manufacturing sector.
  • This is Norvestor Equity AS’s 24th transaction in Norway.

M&A Deal Summary

Date 2007-02-01
Target BecoTek
Sector Manufacturing
Buyer(s) Norvestor Equity AS
Deal Type Consolidation

Target

BecoTek

Amot, Norway
BecoTek is a integrated manufacturer of industrial components based on copper alloys. The company is a result of the merger of BecoTek AS and Johnson Metall AB in February 2007. Customers are the world’s leading bearing manufacturers and other leading companies within manufacturing of industrial products to industries such as energy, mining, forestry, construction and transportation .The company has manufacturing facilities in Norway, Sweden, Finland, Romania, the US and China. BecoTek was founded in 2007 and is based in Amot, 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

Norvestor Equity AS

Oslo, Norway

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1993
PE ASSETS 2.1B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Norvestor Equity is an independent private equity group focused on opportunities throughout Norway and the nearby Nordic region. Norvestor generally looks to acquire control positions in businesses with strong market positions, clear potential for sales and earnings growth, and motivated management. Sectors of interest include engineering/technology, food/beverage, IT, telecommunications, maritime equipment, oil services, power/energy, retail, and services/outsourcing. The Firm's investment size is €10 to €45 million in companies with enterprise values of €20 to €125 million. Norvestor Equity is based in Oslo with an additional office in Stockholm.


DEAL STATS #
Overall 30 of 85
Sector: Manufacturing M&A 1 of 3
Type: Consolidation M&A Deals 1 of 1
Country: Norway M&A 24 of 57
Year: 2007 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-01 Component Software Group ASA

Oslo, Norway

Component Software Group ASA is a provider of business intelligence solutions in the Scandinavian market, headquartered in Oslo, with subsidiaries in Denmark and Sweden. Company business idea is to aid its clients in turning large amounts of data into valuable information and knowledge that can be used in daily management.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-31 SCAN Geophysical ASA

Oslo, Norway

SCAN Geophysical ASA, a geophysical company, provides marine streamer seismic and ocean bottom cable seismic services.

Sell $44M