
Montagu acquires Helly Hansen Pro
Montagu Private Equity has agreed to buy Norwegian survival suits maker Helly Hansen Pro from the Helly Hansen Group.
Management will also hold a stake in the business following the spin-off. The company will be rebranded Hansen Protection going forward.
HH Pro, headquartered in Moss, Norway, has around 140 employees and is predominantly active in the Nordic region. It is organised in three main business segments: survival suit rental, used by personnel in their transport between land and offshore installations (oil and gas rigs); personal protection suits, used in other marine and hazardous environments (navy, chemical plants, fire brigades); and pro textiles, which includes boat canopies and products for the agriculture, industry and health sectors.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com
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