# Owatec acquires majority stake in Norfit

Owatec acquired a majority stake in Norfit, a Finnish pump and pumping station maintenance company, in February 2024.

- Type: Acquisition
- Announced: 2024-02-01
- Where: Oulu, Finland
- Status: announced
- Products: pump maintenance services
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Owatec](https://endata.com/companies/75407.md) (acquirer)
- [Norfit](https://endata.com/companies/75408.md) (target)

## Sources

- [cbinsights.com](https://www.cbinsights.com/company/norfit), 2024-02-01: "In February 2024, Owatec acquired a majority stake in Norfit."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.