Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Enso invests into Carbodeon to boost nanomaterials in Finland

Abstract:
Enso Holding Ltd [Guernsey] has acquired majority of shares of Carbodeon Ltd Oy [Finland] and has made a significant equity capital injection into Carbodeon. Total extent of the agreement package is several million EUR. Primary objective of the parties is to boost nanomaterial's development and manufacturing in Finland for disruptive applications.

Enso invests into Carbodeon to boost nanomaterials in Finland

Helsinki, Finland | Posted on January 25th, 2011

Carbodeon shall accelerate its business development in Carbon-based nanomaterials technology and invest in expansion of manufacturing capacity of its Nicanite® Carbon Nitride and uDiamond® nanodiamond products. Enso will also bring its own nanomaterials products and technologies into Carbodeon's portfolio. Carbodeon will strengthen its focus in disruptive nanomaterials technology with manufacturing base in Finland and global customer service.

"Partnering with Enso allows us to exploit our technology faster in the rapidly emerging nanomaterials markets", says Dr. Asko Vehanen, CEO of Carbodeon. "Our focus is selected key applications, where we expect that our partnership with Enso generates new competitive solutions through parties' unique combination of technology and skills."

Majority of Carbodeon's shareholders have sold their shares to Enso as a part of the deal structure. This includes the largest previous shareholder - Picodeon Ltd Oy. Carbodeon shall maintain and strengthen its close business relationship with Picodeon, as parties shall jointly continue to exploit Carbodeon's Nicanite® in Picodeon's Coldab® deposition technology. Asko Vehanen will maintain his role as a CEO of Carbodeon. Dr. Vesa Myllymäki, will assume Carbodeon's CTO position on full time basis.

Kevin R. Lewis, Director Enso Advisory Ltd: "We believe that Carbodeon poses a strategic fit to our strategy for creation of a world leader in Advanced Materials industry. Moreover, Finland, in our view, is a leading innovation powerhouse in Europe with a very attractive climate for innovation".

Tekes - the Finnish Funding Agency for Technology and Innovation has supported Carbodeon from its beginning to develop carbon based nanomaterials. Enso's investment is regarded as an excellent step to accelerate the development of the company.

####

For more information, please click here

Contacts:
Asko Vehanen, CEO Carbodeon, asko.vehanen(at)carbodeon.com, mobile +358 40 55 66 765

Kevin R. Lewis, Director Enso Advisory Ltd, k.lewis(at)ensoadvisory.com, mobile +44 78 27 812 833

Sisko Sipilä, Chief technology adviser, Tekes, sisko.sipila(at)tekes.fi, phone +358 10 60 55845

Copyright © Tekes

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Springer and Tsinghua University Press present the second Nano Research Award: Paul Alivisatos of the University of California Berkeley receives the honor for outstanding contributions in nanoscience July 30th, 2015

European Technology Platform for Nanomedicine and ENATRANS European Consortium Launch the 2nd edition of the Nanomedicine Award: The Award to be presented at BIO-Europe conference in Munich, November 2015 July 30th, 2015

Take a trip through the brain July 30th, 2015

This could replace your silicon computer chips: A new semiconductor material made from black phosphorus may be a candidate to replace silicon in future tech July 30th, 2015

Investments/IPO's/Splits

Nanometrics Announces Upcoming Investor Events July 28th, 2015

Harris & Harris Group Portfolio Company, Bridgelux, Enters into Agreement to be Acquired by an Investment Group July 22nd, 2015

Harris & Harris Group Portfolio Company, OpGen, Gains $6 Million Investment From Merck GHI in Addition to New Acquisition July 16th, 2015

Harris & Harris Group Portfolio Company, AgBiome, Announces Partnership to Accelerate the Discovery of Next Generation Insect-Resistant Crops July 1st, 2015

Announcements

Take a trip through the brain July 30th, 2015

This could replace your silicon computer chips: A new semiconductor material made from black phosphorus may be a candidate to replace silicon in future tech July 30th, 2015

Sol-gel capacitor dielectric offers record-high energy storage July 30th, 2015

Controlling Dynamic Behavior of Carbon Nanosheets in Structures Made Possible July 30th, 2015

Acquisitions/Mergers/Splits

GLOBALFOUNDRIES Completes Acquisition of IBM Microelectronics Business: Transaction adds differentiating technologies, world-class technologists, and intellectual property July 1st, 2015

Entest BioMedical, Inc. in Discussions to Acquire Nanotechnology Delivery System for Cancer Therapy June 3rd, 2015

Evident Thermoelectrics Acquires GMZ Energy: Investment Accelerates Launch Of Evident's Thermoelectric Modules For Waste Heat May 20th, 2015

Keysight Technologies Begins Trading as Independent Company November 3rd, 2014

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project