NORWAY - Reiten & Co completes two new investments
Reiten & Co has announced two new investments in Norwegian Malthus and Airlift. It will aquire 75% of the shares in Malthus, a Stavanger-based supplier of modular structures to industry.
The private equity house will also become a majority shareholder in Airlift, a provider of helicopter services. Reiten & Co will invest in a new joint holding company and will own 60% of Airlift’s shares while today’s owners will retain the remaining 40%. The new holding company will also assume ownership of Airlift’s fleet of helicopters.
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