Bisto Wexus-gründere

Torstrup har bistått gründerne av Wexus Gruppen AS ved salg til Norvestor.  

–Dette er en spennende transaksjon som styrker vår posisjon innenfor forhandlinger, due diligence og transaksjoner, sier assosiert partner og advokatfullmektig Christian Tunge som har bistått eierne ved salget av andeler i modulbyggselskapet Wexus Gruppen AS til det Oslo-baserte investeringsfondet Norvestor. Partner og daglig leder Kristoffer Lerum har vært ansvarlig advokat for oppdraget.
–Vi er stolte av å kunne bistå flinke lokale grundere som har skapt store verdier og utviklet en bedrift med mange arbeidsplasser i både Norge og Estland. En økende del av virksomheten vår fremover kommer til å være knyttet til kjøp, salg og strukturering av slike selskaper, sier Tunge. 

(Se pressemelding under fra Norvestor:) 

Press Release  Oslo, 12 September 2017 

Norvestor invests in Wexus 

Norvestor VII, L.P. (“Norvestor”), a fund managed by Norvestor Equity AS, has signed an agreement to invest in Wexus Gruppen AS (“Wexus” or “The Company”) 

Wexus is a rapidly growing specialist within semi-permanent modular buildings for the public, industrial and infrastructure market. They offer highly cost efficient products and services for its markets, using high quality and low cost manufacturing from their fully owned production facility in Tallinn, Estonia. Modules are either sold or provided on longer-term rental agreements. Wexus has the ability to undertake the full scope from tendering to commissioning. The Company has experienced strong growth since its inception through the positive market development and taking significant market share. 

“We have significant experience from the modular building market and believe we have the right combination of integrated production and project execution capabilities. The Wexus team has done a solid job of positioning us as one of the preferred providers to the public, infrastructure and industrial markets. These markets all have a sound underlying growth for the foreseeable future. We believe we are unique in our diversification in terms of geographies, module types and segments, which makes our business robust and flexible. Together with Norvestor we will seek to grow within our core markets and look for new growth opportunities. To enable continued high growth, we acknowledge the need for support and are therefore very pleased to have Norvestor on board as a partner”, says Egil Messmer, CEO of Wexus. 

“We are very pleased with the agreement to partner with Wexus. Their unique position and highly experienced team, along with a very cost effective and scalable structure, makes the Company an ideal platform for Norvestor in the modular facility market. Wexus has proven an impressive ability to understand the needs of the market and deliver upon this. With the facility in Tallinn and their many long-term partners, they also have good control of the complete value chain of its products and services, making Wexus a highly reliable partner for their end clients.”, says Tor Erling Gunnerød, Partner in Norvestor Equity and Chairman designate in Wexus. 

Following the acquisition, Norvestor will become the largest shareholder in Wexus with approximately 60% of the shares; the management will hold the remaining shares. Wexus had consolidated pro-forma revenues of NOK 55 million in 2015 and NOK 70 million in 2016 and is expected to grow by more than 100% during 2017. Wexus employs 79 people and is headquartered in Stavanger, Norway. 
SpareBank 1 SR-Bank Markets (Corporate Finance) and the law firm Torstrup acted as advisors to the sellers. Arkwright, Schjødt, PwC, Amrop Delphi and DnV-GL advised Norvestor. 

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