Formica Capital new majority owner of Rototec Group
Formica Capital acquires Rototec Group from Intera Fund II Ky and the company’s management. Rototec is Europe’s largest provider of geoenergy solutions and has shown strong profitable growth through a combination of entrepreneurship and active M&A. Rototec is Formica’s fourth investment within the shift to a globally sustainable energy system. The company’s management will remain as significant minority owners. Rototec is the market leader in geoenergy solutions for mid-sized and large properties, managing Europe’s largest drilling equipment fleet for geoenergy in