Arendals Fossekompani, Advent International and Generation Investment Management have, through their indirect subsidiary Edison Bidco, completed the voluntary tender offer for the shares in Volue.
The three companies announced in July the voluntary cash offer for all the shares in Volue with the intention to assist the company in its next phase of growth as a supplier of software and data solutions to the energy and infrastructure sectors. Volue provides software and data solutions that support the energy transition. Over 800 employees work with more than 2,500 customers across energy, power grid, water and infrastructure projects. The company is headquartered in Oslo, Norway, and is active in more than 40 countries.