Opcon divests company focused on superchargers primarily for aftermarket
Opcon, the energy and environmental technology Group, today sold its shareholding in its subsidiary, Lysholm Technologies. The buyer is a newly formed Group, Vortech Three, whose majority owner is the owner of Vortech Engineering LLC of California, USA, a major customer of Lysholm. Opcon will receive a minority shareholding in Vortech Three as payment for the shares in Lysholm. Opcon will retain all patents and brands. Vortech/Lysholm will have the right to use the brands and technology in the US and in aftermarket applications. The exception will be sales connected with OEM deliveries of