Veridian Corporate would like to congratulate Varmeteknikk AS on successfully selling 100% of its outstanding shares to the buyer, Ernströmgruppen AB.
Varmeteknikk is Norway’s largest steam and hot water electric boilers supplier and manufacturer. The company has a significant export business of its own products and is represented in many European countries.
Ernströmgruppen is a Swedish family-owned industrial group that develops well-managed companies in fields of technology, trade, and industry. The group consists of more than 40 companies with a total turnover of 4 billion SEK, and has over 1,200 employees in Northern Europe.
Veridian Corporate acted as the sole financial advisor for Varmeteknikk AS.
Veridian Corporate provides consulting for corporate mergers and acquisitions, raising capital, and other financial assistance.
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