Sale of Picosun
We advised CapMan Growth Equity Fund, a shareholder of Picosun Oy, in a transaction whereby CapMan Growth, together with the other shareholders, sold the entire share capital of Picosun to Applied Materials, Inc.
Picosun, founded in 1997, is a Finnish leading provider of advanced ALD (Atomic Layer Deposition) thin film coating solutions for global industries and research organisations.
CapMan Growth is a leading Finnish growth investor making significant minority investments in companies targeting strong growth and internationalisation. CapMan Growth is part of CapMan, a leading Nordic private asset expert with an active approach to value creation. It has over EUR 4.5 billion in assets under management.
Applied Materials is a U.S. company listed on Nasdaq. It is the leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world.