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Download 3i agrees sale of Inspecta to ACTA*
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Transcript
Press release 8 APRIL 2015 3i agrees sale of Inspecta to ACTA* London-based international investment manager, 3i Group plc (“3i”) has agreed the sale of Helsinki-headquartered Inspecta Group (“the Company”) to Netherlands-based ACTA*. ACTA* is the Dutch Holding company of Kiwa and Shield Group International. The transaction remains conditional upon approval by the relevant Competition Authorities, but is expected to complete in May 2015. 3i, and funds managed by 3i, invested in Inspecta in 2007. Since then, the Company has increased its revenues by more than 50% and has grown its footprint to 8 countries, thereby becoming the leading Nordic player in the Testing, Inspection and Certification (“TIC”) industry. Joining forces with ACTA* will enable Inspecta to further develop into a pan-European TIC leader. -EndsFor further information, contact: 3i Group plc Kathryn van der Kroft Latika Shah ACTA* George Mentjox Tel: +44 20 7975 3021 Email: [email protected] Tel: +44 20 7975 3157 Email: [email protected] Tel : +31 6 5331 5701 Email: [email protected] About 3i Group 3i is a leading international investment manager focused on mid-market Private Equity, Infrastructure and Debt Management across Europe, North America and Asia. For further information, please visit: www.3i.com Regulatory information This transaction involved a recommendation of 3i Investments plc, advised by 3i Sweden.
