Testing-instrument firm Unfors Instruments has been acquired by Unfors Holding, a consortium made up of the 6th Swedish Pension Fund, Layline Partners, and parts of the Unfors management.
The deal exceeds 10 million euro ($12.6 million U.S.) with new funding guaranteed to 3 million euro ($3.8 million), according to the Gothenburg, Sweden-based firm. The 6th Swedish Pension Fund is the majority shareholder of the new entity, Unfors said.
The company's founder, Tomas Unfors, will remain active within the firm and be a member of the board of directors, according to Unfors.
By AuntMinnie.com staff writers
June 22, 2006
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