Watrium’s portfolio company Flexiteek International, the global leader in synthetic teak decking and the 2G technology, has reached an agreement to acquire Wilks, manufacturer, and supplier of Dek-King synthetic teak decking and marine fendering.
The combined entity of American Traffic Solutions, Highway Toll Administration and Watrium-owned Euro Parking Collection has rebranded to Verra Mobility and announced that the company will perform a reverse listing on NASDAQ through a merger with Gores Holding II.
Watrium has participated in the Series B financing of CMR Surgical, a private company developing a next-generation surgical robot for universal minimal access surgery.
Watrium has merged Euro Parking Collection Plc (EPC) into American Traffic Solutions (ATS) in a deal that will facilitate further growth and global expansion.
Watrium has doubled its shareholding in Ultimovacs, a pharmaceutical company developing novel immunotherapy against cancer, through a private placement. For more information, see the press release from Ultimovacs (Norwegian only). Ultimovacs AS, Image: Charlotte Sverdrup