NORWAY - Nordic Capital acquires SafeRoad from Reiten

RCP VI acquired a 67% stake in SafeRoad, which was at the time called Euroskilt, from Verdane Capital Advisors (previously Four Seasons Ventures) and DnB Nor for NOK 92m in 2005 having followed the company for several years. Since then, it has completed over 10 acquisitions, including Norskilt, Finn Solvang AS, as well as the merger of Euroskilt and Ørsta-Gruppen at the end of 2006.

Founded in 1985, SafeRoad is based in Ørsta and has 1,300 employees in 10 countries. It produces road signs, road markings, commercial signs, technical traffic products, road marking, roadway illumination, road railings, bridge parapets, and rock and tunnel securing. Turnover in 2007 totalled approximately NOK 2.3bn and its main markets are in Scandinavia and Eastern Europe. Going forward, the company is well positioned to secure growth in the new EU member states, which are currently upgrading their infrastructure.

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• Buyouts
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