On 1 April 2021, MVI Equity AB ("MVI") signed a share transfer agreement for all shares in Noxon AB (noxon.se) with simultaneous admission by the buyers.
MVI acquired the company in February 2011 and has transformed the company from a manufacturing-oriented business to a service-focused business with higher and more stable revenues and increased profit margins during the ten-year ownership period. Specific initiatives successfully implemented include professionalizing the aftermarket offering and expanding the applications where Noxon decanter centrifuges can be used.
Noxon develops, sells, manufactures and services decanter centrifuges used to separate particles from liquids. Noxon's customers range from municipal water treatment plants, large-scale biogas plants to local laundries. Noxon's mission includes making dewatering more efficient, ensuring greater cost savings and reduced environmental impact.
Commenting on the transaction, MVI's partner, Stefan Karlsson, said, "MVI is proud of the development that Noxon has had during the time that MVI has owned the company. We believe that Beijer Tech is the right owner for the company's future development."
Read the full press release here.
