Home  >> Transactions>> Norsk Elektro Optikk has sold NEO Monitors to Nederman

Norsk Elektro Optikk has sold NEO Monitors to Nederman

Norsk Elektro Optikk AS has sold its subsidiary, NEO Monitors AS, to the Nederman Group. NEO Monitors is a global pioneer in laser-based solutions for measuring gases and dust across all industries. The company has secured a leading position in all generations of laser-based measurement technologies and has the largest installed base of TDLS analyzers (Tunable Diode Laser Spectrometry), with more than 11 000 instruments installed in over 40 countries. The company’s expertise and engineering capabilities allows for more than 100 different configurations tailored to customer needs, helping global industries to achieve better process control, decreased operational costs and increased efficiency.

NEO Monitors will be acquired for approximately NOK 402 million. The company has approximately 40 employees and turnover in 2016 of NOK 108 million.

EC M&A acted as exclusive financial advisor to Norsk Elektro Optikk on this transaction.


Entegris has sold ECP to InnovaFonds      Learn More >>
Wagner SprayTech has acquired HomeRight      Learn More >>
Leatherman has sold Ledlenser to Afinum      Learn More >>
4D Technology has been sold to Nanometrics      Learn More >>
MakeLeaps, Inc. has been sold to Ricoh Company, Ltd.      Learn More >>
Halma has acquired LAN Control Systems      Learn More >>
Xylem has sold Sensus Precision Die Casting (Yangzhou) to SORL Auto Parts      Learn More >>
Randstad has sold Locum Medical Group to Health Carousel      Learn More >>
EMX Industries has been sold to Watervale      Learn More >>
Steel Partners has acquired PST Group      Learn More >>
Galileo TP has been sold to Burke Porter Group      Learn More >>
Entegris Has Acquired Flex Concepts, Inc.      Learn More >>