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Investment date: June 2008

Industry: Business Services

Fund: Fund V

Exit Date: June 2011

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As a Norvestor company, RenoNorden became a Nordic waste collection company. Pursing a niche business strategy, RenoNorden prioritised both cost leadership and operational efficiency in its approach to the waste collection process. With a solid, scalable business model offering the potential for significant acquisitive growth, RenoNorden became a Norvestor portfolio company in 2008. The company embarked on a series of Swedish and Danish acquisitions, granting the company a leading market position in the Nordics. Norvestor exited the business in 2011.