Avantus Corporate Finance is pleased to announce that its client Malå GeoScience has been acquired by Guideline Oil Drilling Technology AB.

Guideline Oil Drilling Technology AB (publ), (”Guideline”) stock-listed on NGM Equity, has agreed to acquire the Swedish company Malå GeoScience Förvaltnings AB (publ). Malå GeoScience is a leading provider of radar technology with a focus on visualisation and identification of object and structures under ground, and has product applications within GPR (ground penetrating radar) and borehole radar. The purpose of the acquisition is to achieve synergies both in marketing and sales as well as in R&D and to broaden the product and technology portfolio to further fuel growth and profitability.

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