Sale of Environics

Avance advises Verso Fund II Ky and the other shareholders of Environics Oy in the sale of the company to Bertin Technologies, a portfolio company of FCDE, a Paris based private equity investor.

Environics Oy is a world leading supplier of Chemical, Biological, Nuclear and Radiation (CBRN) detection devices and monitoring integrated solutions, ranging from personal safety to national security. Environics provides innovative solutions for different safeguarding organizations in 50 countries, from civil defense and homeland security to the military.

Closing of the transaction is subject to customary regulatory approvals.