
Reiten & Co acquires Con-Form
Reiten & Co has acquired a 62% stake in Norwegian prefabricated concrete manufacturer Con-Form.
Equity was invested from the Reiten & Co Capital Partners VII fund, which closed at €256m in 2007.
Company
Con-Form, established in 1982, provides prefabricated concrete building envelopes for the apartment and hotel building markets. These building envelopes are understood to account for around 15-30% of the total cost of a building. Based in Oslo, the company employs 320 staff in Norway and Sweden, and recorded revenues of around NOK 570m in 2011.
People
Narve Reiten is founder and chairman of Reiten & Co.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater