Nekkar ASA - Norwegian disruptor

New growth platform and skilled hands :partying_face:

Techano went or was going bankrupt when they had to deliver a large order to Russia through an Icelandic customer. They ran out of money and Nekkar then stepped in for at least the talent.

The nine person strong engineering team from Techano has extensive industry
experience with product delivery and project execution within the renewables,
aquaculture and marine industries.

This part in the announcement was particularly pleasing :grin:

Nekkar acquires Techano Group for an undisclosed immaterial amount.

I don’t know about the liabilities, what was left or if they are included. But the service and product portfolio fits Nekkar’s equivalent well :+1:

Nekkar strengthens business offering with smart, electric lifting and handling solutions
23.3.2023 08:00:00 CET | Nekkar ASA | Non-regulatory press releases

23 March 2023 - Nekkar ASA (Nekkar) strengthens its presence within renewables
and aquaculture through the acquisition of Techano Group (Techano) based in
Kristiansand, Norway.

The add-on business will combine Nekkar’s unique in-house automation,
electrification, and software competence, with personnel from Techano who are
specialists in load handling and lifting equipment for the renewable,
aquaculture, offshore and marine industries.

“By combining strong industry competence from an established business with our
impact technology we will strengthen our offering in the industry verticals that
Nekkar is targeting, especially the renewables and aquaculture industries.
Together, we will develop smart, electric lifting and handling solutions that
are fully automated and digitized, capable of challenging the incumbent
solutions in the market,” says Ole Falk Hansen, CEO of Nekkar.

More about Techano here

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