Holta Invest AS acquires MPT Sweden AB from CapMan Buyout
(Oslo, 6. June 2018)
Dag Teigland, CEO of Holta Invest and Chairman of Nizi International, commented on the announcement: “We are pleased to conclude the acquisition of MPT Sweden AB. MPT runs an efficient operation and has over the years built a solid global position within its niche. The company enjoys a strong reputation through offering excellent quality and service to the industry.
MPT will fit very well into our metal activities in the Nizi International Group. One of the companies in the Group, Chemalloy, is a leading supplier of specialty metal powders to the North American welding industry and the acquisition of MPT will strengthen our global position within this niche. Thus, the acquisition of MPT is an important step in the strategy of transitioning the Nizi Group towards more value-added services for the customers”.
“During CapMan’s ownership the business of MPT has become more scalable and it has achieved a solid position within its niche. The company has strengthened its current organisation, reached new markets and broaden its product assortment for its current customers,” says Tobias Karte, Investment Director at CapMan Buyout and responsible for the investment in MPT.
“We are pleased to have Holta Invest as a new owner. Holta Invest has a vision, which is well in line with how we think MPT should be developed going forward. Together with their expertise in the Nizi Group, I am excited to develop MPT to the next level,” says CEO of MPT, Daniel Styrenius.
For more information, please contact: Dag Teigland, CEO Holta Invest, tel + 47 95053008