Equity fund EQT wants to use tech firm Stormgeo as a front runner in consolidation in the field of intelligent systems for weather forecasts, route planning and fleet optimization.
"This is an industry that calls for consolidation. Stormgeo has already acquired a series of companies during our ownership tenure, and these companies have been well integrated. There's a lot more one can do, and we see Stormgeo as the natural platform for consolidation here," says Rikke Kjær Nielsen, partner at EQT Partners.
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