Clearwater International advises Green Instruments A/S on its sale to Lifco AB

Clearwater International has advised Green Instruments A/S (Green Instruments), a global market leader within environmental technology solutions for the maritime industry, on its sale to Lifco AB, a listed Swedish investment company.

Founded in 1999, Green Instruments has over 20 years’ experience, establishing itself as a global market leader specialising in the design, development, and manufacture of monitoring and measurement systems for the maritime industry. The company also supports the industry’s green transition journey and increasing need for environmental emission monitoring. With 70 employees across offices in Denmark, Singapore, and the US, Green Instruments achieves a turnover of over €26m (DKK 200m) and an EBITDA of over €8m (DKK 60m). Its client portfolio consists of several blue-chip maritime original equipment manufacturers, as well as some of the world’s largest shipowners.

Lifco AB owns more than 190 companies, with a business strategy of acquiring and developing market-leading sustainable niche businesses, while maintaining a long-term view of its holdings. The acquisition of Green Instruments fits perfectly into its ‘Systems Solutions’ business area, which comprises companies with a high level of niche specialisation and product quality.