Liwlig Group has acquired a majority stake in Gyro AS, enhancing its presence in the Norwegian event management market.
Target Information
Liwlig Group, a leading event marketing agency in the Nordic region, has announced the acquisition of a majority stake in Gyro AS, one of Norway's oldest and most esteemed event companies. This strategic move is aimed at solidifying Liwlig's growth trajectory in the Norwegian market, while simultaneously broadening its service offerings.
Throughout its history, Gyro AS has built a strong reputation for delivering high-quality event management services. The company's resilience, particularly during the pandemic, has been noteworthy, showcasing its ability to navigate challenging circumstances while maintaining exceptional performance standards.
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Industry Overview in Norway
The events industry in Norway has experienced significant growth in recent years, driven by increasing demand for professional services and sophisticated event planning. This sector has evolved to incorporate technology, making events
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Liwlig Group
invested in
Gyro AS
in 2023
in a Buyout deal
Disclosed details
Revenue: $121M