Third exit in 2022: Mutares signs agreement to sell Nordec Group Oyj
Third exit in 2022: Mutares signs agreement to sell Nordec Group Oyj
Third exit in 2022: Mutares signs agreement to sell Nordec Group Oyj
• A buyer consortium consisting mainly of Harjavalta Oy and Tirinom Oy signs agreement to purchase 100% of Nordec Group Oyj
• Target of ROIC of 7-10x achieved
• Closing of the transaction expected in the fourth quarter of 2022
Please see attached PDF to view the full announcement.