IGC Industrial Growth Company AB has acquired all shares in Arkivator Fallköping AB, which was a wholly-owned subsidiary of Powerwave Technologies, Inc. Arkivator Falköping AB provides contract manufacturing services primarily in the areas of vehicles, machine systems and telecommunications. The purchase sum amounted to a value corresponding to USD 27.1 million.
Vinge acted as advisor to Powerwave Technologies. The representative from Vinge was Johan Winnerblad, Katja Cato and Anna Berntson.