Latest News
Comrod Acquires Majority Interest in SØrskår Mekaniske Verksted to Streamline Production Processes
Thursday 23 January 2020

23 January 2020 - Norway based Comrod Communication AS has acquired a 75% interest in Norwegian mechanical services provider Sørskår Mekaniske Verksted AS to contribute to Comrod's growth and streamline production processes, the company said.
Terms of the transaction were not disclosed.
Sørskår brings to Comrod a reputation and skill set with its mechanical workshop to ensure continuity and maintain expertise all Sørskår management and staff will remain with the company.
The Sørskår mechanical workshop will be relocated to Comrod at Tau in a new 3,000 sqm building to be completed by June 2020.
Sørskår's mechanical workshop provides opportunities to expand the Comrod product range.
Comrod Communication AS is an international manufacturer of antennas, control systems, masts and power supplies for the defence and commercial markets.
Details
Date Published: 23/01/2020
Target: S, ørskår Mekaniske Verksted AS/75% stake
Country: Norway
Sector: Machinery/Engineering
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Comrod Communication AS
Comment:
Terms of the deal were not disclosed

Options