Normet owners

01 May 2008

Investment funds CapMan Oyj, Fenno Management Oy and Equvitec partners, along with a group of have sold Normet to Cantell Oy (70 %), and the management group (30%), which includes its chairman, Anssi Soila. The main shareholder of Cantell Oy is Aaro Cantell, who is also a managing partner of Fenno Management. Normet manufacturers equipment for underground construction and mining. Last year it had sales of € 44 million.

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