Norvestor has acquired a 75% share in NetNordic, positioning itself as the largest shareholder in a leading Norwegian telecommunications provider.
Information on the Target
NetNordic is a prominent provider of telecommunications solutions based in Norway, specializing in delivering advanced services in network infrastructure and connectivity. The company has built a solid reputation for its innovative approach and commitment to customer satisfaction, which has enabled it to establish a diverse client base across various industries.
With a robust portfolio of offerings, including cloud solutions and managed services, NetNordic aims to enhance operational efficiency and connectivity for its clients, helping them navigate the complexities of the digital landscape.
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Industry Overview in Norway
The telecommunications industry in Norway is known for its rapid evolution, marked by significant investment in infrastructure and technological advancements. As a key player in the
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Norvestor
invested in
NetNordic
in 2017
in a Management Buyout / Buy-In (MBO) deal