Nanotechnology Now

Our NanoNews Digest Sponsors



Heifer International

Wikipedia Affiliate Button


android tablet pc

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

Iranian Researchers Synthesize Stable Ceramic Nanopowders at Room Temperature September 20th, 2014

Arrowhead to Present at BioCentury's NewsMakers in the Biotech Industry Conference September 19th, 2014

SouthWest NanoTechnologies (SWeNT) Receives NIST Small Business Innovation Research (SBIR) Phase 1 Award to Produce Greater than 99% Semiconducting Single-Wall Carbon Nanotubes September 19th, 2014

Toward optical chips: A promising light source for optoelectronic chips can be tuned to different frequencies September 19th, 2014

Investments/IPO's/Splits

PEN Inc. Announces New Trading Symbol: PENC: Stock Continues Trading on the OTCQB September 3rd, 2014

Aspen Aerogels, Inc. to Present at Barclays CEO Energy-Power Conference August 27th, 2014

Harris & Harris Group Letter to Shareholders on Website August 19th, 2014

Harris & Harris Group to Host Conference Call on Second-Quarter 2014 Financial Results on August 15, 2014 August 12th, 2014

Announcements

Iranian Scientists Separate Zinc Ion at Low Concentrations September 20th, 2014

Arrowhead to Present at BioCentury's NewsMakers in the Biotech Industry Conference September 19th, 2014

SouthWest NanoTechnologies (SWeNT) Receives NIST Small Business Innovation Research (SBIR) Phase 1 Award to Produce Greater than 99% Semiconducting Single-Wall Carbon Nanotubes September 19th, 2014

Toward optical chips: A promising light source for optoelectronic chips can be tuned to different frequencies September 19th, 2014

Acquisitions/Mergers/Splits

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

PEN Inc. Announces New Trading Symbol: PENC: Stock Continues Trading on the OTCQB September 3rd, 2014

Applied Nanotech Holdings, Inc. and NanoHoldings Inc. Complete Combination to Create PEN Inc.: New Company to Focus on Commercialization of Advanced Nanotechnology-Enabled Products; Scott Rickert Is Chairman and CEO September 2nd, 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







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE