We’re delighted to share some exciting news with you: Megger, a global leader in testing and diagnostics equipment, has acquired VNT´s Power Fund III investee Distence Oy. Effective immediately, Distence will become part of the Megger family, and we are thrilled about the opportunities this will bring for Distence.
This acquisition will allow Distence to combine the strengths of both companies to launch Megger Industrial Reliability – one of the most powerful predictive maintenance packages available in the market. This expanded offering will mean greater innovation, enhanced capabilities, and an even stronger commitment to helping customers achieve optimal machinery performance.
Read more: www.distence.fi
Enquiries
Vesa Sadeharju, Partner, vesa.sadeharju@vntm.com
About VNT Management Oy
VNT Management Oy (VNT), established in 2002, is a Finnish fund manager for three private equity funds totally 157 million euros.
VNT funds focus on clean technology, in particular on renewable and distributed power generation and energy-saving technologies in electrical and power electronics applications. The funds invest in European early and growth phase companies.
VNTM is a member of Finnish Venture Capital Association and complies with guidelines set to promote transparency in private equity and in venture capital industries. VNTM is under supervision of Finnish Financial Supervisory Authority and is registered in their AIFM register in 2015. For more information, visit: www.vntm.com