Dania Capital News

WTS Acquires Novenco Fire Fighting A/S

Wilhelmsen Technical Solutions acquires speialist in water-mist technology, Novenco Fire Fighting A/S. “The acquisition of this niche player in water mist technology further strengthens our safety portfolio, taking us an important step closer to becoming the world’s leading fire fighting provider in the maritime and offshore industries” says Petter Traaholt, President Wilhelmsen Technical Solutions (WTS). NFF is purchased from a private equity fund managed by Dania Capital. NFF exports over 90% of its products to customers in more than 26 countries; its main markets are Asia, followed by Europe and the US. This customer portfolio will expand WTS’ customer base for safety applications in cruise and yacht particularly.