Hansen Protection Canada's Partner Sold in PE Deal
The Norweigian partner in Hansen Protection Canada Ltd., Hansen Protection AS, which last year established the Canadian operation in a joint venture with Darmouth Nova Scotia-based Helly Hansen Canada Ltd., has been sold for an undisclosed price by Montagu Private Equity. The buyer was another European private equity firm, IK Investment Partners. Hansen Protection Canada specializes in the development of survival suits. Teachers' Private Capital took a majority position in Norway's Helly Hansen AS in 2012.
12 June 2013•5 mins read
