Polaris has entered into an agreement to divest global safety training and competence provider RelyOn Nutec to Mubadala Capital, the wholly-owned asset management subsidiary of Mubadala Investment Company.
Polaris partnered with RelyOn Nutec (formerly Falck Safety Services) in 2018 and has since undergone significant transformation. Today, RelyOn Nutec serves a variety of customers across a range of high consequence industries including energy infrastructure, renewables, maritime and oil and gas.
”RelyOn Nutec steered safely through the challenging COVID-19 times and has emerged as a global front-runner in the safety and competence training across high consequence industries. We have enjoyed the partnership with the management team, and we are very pleased with the strong performance and the great growth prospects for RelyOn Nutec under Mubadala Capital’s ownership,” says Henrik Bonnerup, Partner, Polaris.
Please see the following press release:
For more information, please contact:
Henrik Bonnerup, Partner
Phone: +45 21 66 87 66
Mail: hb@polarisequity.dk
Simon Damkjær Wille, Partner
Phone: +45 42 20 96 39
Mail: sw@polarisequity.dk
