NewsEpiris acquires Diamorph for SEK 1.5 billion

Epiris acquires all shares in Diamorph for a total of approximately SEK 1.5 billion

Serendipity Ixora has entered into an agreement to divest its entire holding in Diamprph AB to the english venture capital company Epiris. The total value of the transaction amounts to between SEK 1.4-1.5 billion.

Diamorph sells more than 20 different advanced materials for use in spacecraft, trains and smart fire protection. The company employs about 250 people and has sales in more than 60 countries around the world. The deal will be completed in full on January 31, 2019, subject to certain conditions.