As part of the transaction, the joint venture BMS Stangeland A/S acquires the entire capital stock of Havator Group Oy from the CapMan Buyout IX Fund and Havator’s other current owners.

Havator, established in Finland in 1956, is the Nordic leader in lifting, special transport and heavy haulage services operating in Finland, Sweden, Norway and Estonia. Havator Group Oy has a turnover of approximately EUR 100 million and employs approximately 500 people.

HLP acted as financial advisor to CapMan Buyout and other shareholders in the transaction.

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