NKT pays large sum for Portuguese cable manufacturer

As part of the takeover, NKT will place a major investment in additional capacity at the acquired manufacturer’s existing factory.

”Solidai er et stærkt strategisk match med hensyn til kapacitet og kompetence," siger Claes Westerlind, der er adm. direktør i NKT, om nyopkøbet. | Photo: Pr

by VIKTOR BRANDT KÆRGAARD

NKT has acquired Solidal from Njord Partners in a deal that values the Portuguese cable manufacturer at EUR 192m.

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