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Montagu backs Nordic surge

UK buyout firm's successful bid for survival equipment firm caps a bumper year for Nordic deals

UK buyout firm Montagu Private Equity has bought Norwegian survival equipment maker Helly Hansen Group in a deal that caps a blistering year for private equity activity in the Nordic region.

Montagu has bought Helly Hansen in a deal valued at about £100m, according to a source close to the situation.

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