Innova has sold the entirety of its shareholding in cast marble bathroom fixings manufacturer Marmite to Cranemere in an SBO.
GP had previously made an offer of SEK 70 per share, which was later increased to SEK 72 per share
Company intends to boost its production capability, bolster its international expansion and pursue a buy-and-build strategy
Accommodation booking site raised €21m from HV Holtzbrinck, Lakestar and Picus Capital in February
British Patient Capital commits $35m, while the European Investment Fund also contributes