Nanotechnology Now





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

Global Nano-Enabled Packaging Market For Food and Beverages Will Reach $15.0 billion in 2020 May 26th, 2015

Dr.Theivasanthi Slashes the Price of Graphene Heavily: World first & lowest price – Nano-price (30 USD / kg) of graphene by nanotechnologist May 26th, 2015

Fine-tuned molecular orientation is key to more efficient solar cells May 26th, 2015

DNA Double Helix Does Double Duty in Assembling Arrays of Nanoparticles: Synthetic pieces of biological molecule form framework and glue for making nanoparticle clusters and arrays May 25th, 2015

Investments/IPO's/Splits

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

Nanometrics Announces Live Webcast of Upcoming Investor and Analyst Day May 20th, 2015

PEN Inc. Announces First Quarter Financial Results: Investor Webcast and Business Update Set for May 21, 1 pm EDT May 13th, 2015

Harris & Harris Group Portfolio Company OpGen Raises $17.1 Million in Initial Public Offering May 6th, 2015

Announcements

Global Nano-Enabled Packaging Market For Food and Beverages Will Reach $15.0 billion in 2020 May 26th, 2015

Dr.Theivasanthi Slashes the Price of Graphene Heavily: World first & lowest price – Nano-price (30 USD / kg) of graphene by nanotechnologist May 26th, 2015

Fine-tuned molecular orientation is key to more efficient solar cells May 26th, 2015

DNA Double Helix Does Double Duty in Assembling Arrays of Nanoparticles: Synthetic pieces of biological molecule form framework and glue for making nanoparticle clusters and arrays May 25th, 2015

Acquisitions/Mergers/Splits

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

PEN Inc. Chairman, Scott Rickert, Will Webcast a Live Company Update September 25, 1 PM EDT September 17th, 2014

State University of New York Trustees Unanimously Approve SUNY Polytechnic Institute (SUNY Poly) as New Name for Merged SUNY CNSE / SUNYIT September 9th, 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