MB Funds divests Norpe to the Viessmann Group

Avance advises MB Funds in the sale of Norpe to the Viessmann group. Norpe is a leading provider of commercial refrigeration solutions and a market leader in the Baltic Rim area and the Nordic countries. In 2012, the Group’s turnover exceeded EUR 130 million, and it has approximately 450 employees.

The core Avance team comprised of Ulf-Henrik Kull, Erkki-Antti Sadinmaa, Björn Söderblom and Sanna Kaistinen.