Credo Partners is investing, together with the founders of Innomhus, Næringshus, CreoNordic, Tøftum Innredning and Oslo Bygginnredning, in what will be a nationwide provider of complete commercial interior planning and supply solutions, which will be highly focused on the rehabilitation segment. In addition, the group will include a glass and moulding range for the flexible and rapid supply of specialised items, which facilitates recycling and reuse.
The group is comprised of the following companies: Innomhus AS, Næringshus AS, CreoNordic Gruppen with subsidiaries, Tøftum Innredning AS and Oslo Bygginnredning AS. In 2021, the group had revenues of about NOK 500 million and around 150 highly skilled employees.
The group will be a definite Top 3 player in Norway, and will aim for further growth and development. Credo Partners is enthusiastic about the scope for professionalising a fragmented industry in partnership with dynamic and motivated founders.
All founders are strongly committed to continuing as both operational managers and owners.
Stratema took the initiative to bringing these companies together under one umbrella and invited Credo Partners in as an investor/partner for the group. Both the joining companies and Credo Partners have been top of our list of preferred companies/parties for the establishment of this group. With highly capable founders, managers and employees in the companies, combined with the extensive corporate development expertise and experience of Credo Partners, we believe the group to be well poised for transforming both itself and the industry. A great deal…
Stratema advised Credo Partners.
