Beijer Tech’s Acquisition of Noxon

Wigge & Partners has advised MVI.

Beijer Alma’s subsidiary Beijer Tech acquired 100 percent of the shares in Noxon AB from MVI.

Noxon provides decanter centrifuges, polymer machines, control systems and after-sales services related to water treatment in several applications. The company’s customers primarily comprise municipal wastewater treatment plants as well as customers in other industries, such as fishing, recycling, chemical, paper, and oil and gas. Its main markets are Sweden, Finland, Norway and Poland. The company has 38 employees and sales of about MSEK 70 with favorable profitability. Noxon will be part of Beijer Tech’s Fluid Technology business area.

Beijer Alma AB is an international industrial group focused on component production and industrial trading. The Group includes Lesjöfors, which is one of Europe’s largest spring manufactures, Habia Cable, one of Europe’s largest manufacturers of custom-designed cables, and Beijer Tech, which holds strong positions in industrial trading in the Nordic region. Beijer Alma is listed on the Nasdaq Stockholm Mid Cap list.

The team from Wigge & Partners consisted of Henrik Wenckert (Picture), Maria Bellak and Filip Karlsson.

Involved fees earner: Maria Bellak – Wigge & Partners; Filip Karlsson – Wigge & Partners; Henrik Wenckert – Wigge & Partners;

Law Firms: Wigge & Partners;

Clients: MVI;

Author: Federica Tiefenthaler