Vestum Acquires Lakers from Summa Equity for ~SEK 2bn
October 7, 2021
Vestum AB (publ) has signed a definitive agreement to acquire Lakers Group Holding AS from Summa Equity for approximately SEK 2 billion, with around SEK 250 million of the consideration to be reinvested into Vestum. Lakers is a leading independent aftermarket service provider of water and wastewater pumps headquartered in Oslo, Norway, with more than 400 employees and 25 entities across the Nordics, Germany and the UK; Summa Equity says the business expanded rapidly under its ownership.
- Buyers
- Vestum AB (publ)
- Targets
- Lakers Group Holding AS
- Sellers
- Summa Equity
- Industry
- Industrial Services
- Location
- Oslo, Norway
- Transaction Type
- Buyout
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