NORWAY - HitecVision closes Technor acquisition
HitecVision Private Equity has via holding company CET Holding AS closed the acquisition of 94.6% of the shares of Technor ASA. Technor is listed on the Oslo Stock Exchange and CET Holding has announced its intention of buying the remaining shares and de-listing the company.
The Technor Group manufactures and distributes electronic, electro-mechanic and flow control products to niche markets within the oil and gas industry.
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