Norvestor divests Wema Group Holding AS

Norvestor V, L.P. (“Norvestor”) has completed the divestment of Wema Group Holding AS (“Wema”), the leading provider of diesel and AdBlue level and quality sensors within the global heavy vehicle market, through the sale of Wema System AS* to the US listed company Measurement Specialties Inc ("MEAS") for approximately USD114.5 million on a cash and debt free basis.

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