The Riverside Company, a global private investor, has closed the acquisition of Arbeidsmiljø og Energiteknikk AS (AET), a Norwegian distributor of third-party consumables and laboratory / cleaning equipment, from RA Service AS and management.
The investment is an add-on to Riverside’s portfolio company Dastex Reinraumzubehör, a specialised cleanroom garment and consumables distributor in Europe.
Damien Gaudin, Partner at Riverside Europe who led the deal, commented: “The addition of AET is another milestone in our pan-European buy-and-build strategy for Dastex. There’s a strong strategic fit with Dastex as AET’s consumables distribution offering aligns perfectly with the core focus of the group, while the disinfection services form a complementary addition to the existing verification and validation services business. The acquisition of AET expands the group’s geographical footprint by establishing a direct presence in Norway.”
Following the transaction, the focus will be on increasing commercial and marketing efforts across Norway and further enhancing the group’s presence in the Nordics, stimulating commercial synergies and capitalising on cross-selling opportunities.
