HitecVision Acquires Majority Stake in Vow Green Metals

July 4, 2025

HitecVision has completed its acquisition of a 91.4% stake in Vow Green Metals (via its vehicle Midas Industri AS), becoming the company's majority shareholder and initiating a delisting from Euronext Growth Oslo. The new ownership will support Vow Green Metals' plan to scale biocarbon production capacity across Norway and develop an integrated industrial platform to supply metallurgical and other heavy industries.

Buyers
HitecVision, Midas Industri AS
Targets
Vow Green Metals
Industry
Renewable Energy
Location
Norway
Transaction Type
Buyout

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