Products & services

Herkules Private Equity has agreed to buy life saving equipment companies Umoe Schat-Harding and Noreq. The combined group will have pro forma net sales of NOK1.2 billion in 2013 and their product ranges will complement each other well. The merged company will also have the largest service network of its kind in the world. The move means consolidation in the life saving equipment market, which remains fragmented at the moment, Umoe Schat-Harding said in a statement.