April 2019

ACQUISITION OF Aktiv Tankrens AS

Recover Nordic further expands in Norway.

Agilitas, the pan-European mid-market private equity firm, is pleased to announce the completion of the add-on acquisition of Aktiv Tankrens AS by its portfolio company, Recover Nordic, the Nordic market leader for damage control, remediation and environmental services. This is the sixteenth add-on for Recover Nordic since Agilitas backed the buyout of the group in 2013.

Aktiv Tankrens AS is a Norwegian environmental specialist providing hazardous waste management services including the cleaning, inspection and removal of oil tanks. The acquisition further expands Recover Nordic’s environmental services platform in Norway, which was established last year through the acquisition of Brdr. Grønnerud AS.