ESFA advised Fortaco Group on the sale of its Serbian subsidiary

Member ESFA
Sector Industrials
Date completed 23.05.2025
Client Fortaco Group Oy
Country Finland
Acquirer Entec Evotec AS
Country Norway

Fortaco Group Holdco Plc has agreed to sell its Serbian subsidiary and marine-focused operations – Business Site Gruza to Entec Evotec AS, a Norwegian provider of advanced maritime handling systems. The transaction is part of Fortaco’s strategic exit from its marine, energy, and heavy project businesses.

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ESFA advised Fortaco Group on the sale of its Serbian subsidiary

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