Habasit Group acquires majority stake in NGI Holding A/S
Habasit Group (“Habasit”) today announces its acquisition of a majority stake in NGI Holding A/S (“NGI”) from Adelis Equity Partners Fund I AB (“Adelis”).Andrea Volpi, CEO of Habasit stated “By being part of the Habasit’s global network, NGI will be able to expand market coverage and product portfolio at an accelerated rate. At the same time NGI’s expertise in hygiene and conveyor components will allow Habasit to build a broader and more valuable offer for all customers.” Jan Nygaard, CEO of NGI said “NGI plans to continue the positive development we have seen under the co-ownership of