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  5. Novoferm Acquires Robust

M&A Deal Summary

Novoferm Acquires Robust

On May 20, 2019, Novoferm acquired safety/security company Robust from Norvestor Equity AS

Acquisition Highlights
  • This is Novoferm’s 1st transaction in the Safety/Security sector.
  • This is Novoferm’s 1st transaction in Sweden.

M&A Deal Summary
Date 2019-05-20
Target Robust
Sector Safety/Security
Buyer(s) Novoferm
Sellers(s) Norvestor Equity AS
Deal Type Add-on Acquisition

Target

Robust

Nykroppa, Sweden
Robust specialises in production and sale of security and fire steel doors. The steel doors are sold to end customers through construction companies, wholesalers, and installation companies. Robust also has two manufacturing facilities in Cheadle and Staffordshire in England, to serve the UK market. Robust was founded in 1971 and is based in Nykroppa, Sweden.

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Buyer(S) 1

Buyer

Novoferm

Luton, United Kingdom
Category Company
Founded 1955
Sector Safety/Security
DESCRIPTION

Novoferm is a suppliers of safety doors, garage doors, frames and operators for uses in the private, trade and industrial sectors. Novoferm was founded in 1955 and is based in Luton, United Kingdom.

DEAL STATS #
Overall 1 of 1
Sector: Safety/Security M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2019 M&A 1 of 1

Seller(S) 1

SELLER

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 37 of 52
Sector: Safety/Security M&A 1 of 1
Type: Add-on Acquisition M&A Deals 11 of 18
Country: Sweden M&A 5 of 12
Year: 2019 M&A 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-05 Foxway

Vaxjo, Sweden

Foxway is a supplier of IT lifecycle management solutions for large corporations. Foxway enables large companies and institutions to manage their physical IT assets to maximizes their use and improve quality and efficiency. Foxway was founded in 2009 and is based in Vaxjo, Sweden.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-09 IT Gården i Landskrona AB

Landskrona, Sweden

IT Gården i Landskrona AB is an IT service outsourcing provider to small and medium-sized enterprises in the Skåne region. The Company delivers IT services within IT outsourcing and infrastructure, virtualisation and client platforms as well as related products. IT Gården aims to provide customers with an easy way of outsourcing all IT related services.

Sell -
Mergr

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