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Bewi's acquisition of Jackon Holding AS, a Norwegian insulation and packaging group with about 935 employees and 20 facilities across the Nordics, Germany and Belgium, has been approved by all competition authorities. The deal value is not stated.
Listed Norwegian company Bewi agreed to buy packaging manufacturer Jackon, with the last owning family accepting cash of NOK 1.55 billion and the other family receiving shares worth about NOK 780 million more.
HAAS AS, owned by the Akselsen family and holding 50 per cent of Jackon, accepted BEWI's offer to acquire all Jackon shares, taking consideration in new BEWI shares. The minimum acceptance condition has been met.