Norvestor VI invests in Permascand

Norvestor VI has invested in Permascand AB, based in Ljungaverk, Sweden. Permascand is a leading engineering and manufacturing company across the business areas of electrochemical process technology, water treatment systems and welded equipment & components, with more than 90% of revenues from international sales.

The Company had revenues of SEK 227 million in 2014, and has 120 employees.

SPEAS has made an investment commitment of NOK 80m to the private equity fund Norvestor VI.

View the press release from Norvestor here