Montagu doubles money on latest Nordic exit

The sale of Hansen Protection is Montagu's second Nordic exit since April, when it agreed to sell Norwegian shipping container group Unifeeder

Montagu Private Equity has more than doubled its money on the sale of survival equipment maker Hansen Protection, marking the UK buyout firm’s second Nordic exit since closing its Stockholm office at the end of last year.

The London-based firm has agreed to sell the Norwegian company to European private equity peer IK Investment Partners, according to a statement from Montagu.

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