BMS Stangeland – the Danish-Norwegian joint venture of BMS Group and Stangeland – has acquired lifting, special transport and heavy haulier Havator Group.
BMS Stangeland acquired the company from CapMan Buyout, which invested in Havator in 2010 and has since focused on growing the company’s business and position on the Nordic market.
Hannu Leinonen, ceo of Havator, said: “A Nordic consolidation is something our industry has been expecting. The new set-up will allow Havator to leverage an even stronger and broader service offering to its clients and also offer more uniform services to clients operating on a Nordic scale. Joining a pan-Nordic company will also offer our personnel an even more international outlook towards the future, combined with growing opportunities to develop competencies and careers. I am also pleased that our new owner is a true industrial player.”
As part of the transaction, BMS Stangeland acquired the entire capital stock of Havator from the CapMan Buyout IX Fund and Havator’s other current owners. The closing of the transaction is expected during the spring 2024 and is subject to regulatory approvals and customary closing conditions.
