The System1 owners are selling all shares of the company to Inredo and are reinvesting a major part of the sales proceeds in the Inredo group.
The company is an excellent match for the group and will boost its position in Eastern Norway by adding a strong local presence to the southeast of Oslo. System1 brings revenues of about NOK 75 million to Inredo. It also contributes additional professional expertise, along with extensive industry experience and a number of highly skilled craftspeople.
All employees and founders are committed to continuing as part of the Inredo group.
Stratema advised Credo Partners/Inredo.
