Fiven
Building Materials · Norway · 501-1,000 Employees
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Overview
Headquarters
Apotekergata 10, Oslo, Oslo, 0180, Norwa...Phone Number
(508) 795-4073Website
www.fiven.comRevenue
$48.2 MillionIndustry
About Fiven
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Fiven News & Media
OpenGate Capital Sells Fiven to Kymera International
LOS ANGELES & PARIS--(BUSINESS WIRE)--OpenGate Capital (“OpenGate”), a global private equity firm, announced today that it has completed the sale of Fiven, a worldwide leading producer of Silicon Carbide (“SiC”) grains and powders, to Kymera International, a portfolio company of Palladium Equity Partners, LLC. Terms of the transaction were not disclosed. OpenGate acquired Fiven in 2019 through a corporate carve-out from Saint-Gobain and the business grew in profitability under the guidance of OFiven ASA announces redemption of bonds
As announced on 21 June 2024, Fiven ASA ("Fiven") will redeem its outstanding EUR 110,000,000 senior secured sustainability-linked floating rate bonds with ISIN SE0021148764 (the "Bonds") in accordance with clause 9.3 (Special redemption upon a change of Control Event) of the terms and conditions of the Bonds (the "Terms and Conditions") and the redemption date will be 31 July 2024 (the "Redemption Date"). Fiven has met the sustainability performance target for each relevant KPIFiven ASA publishes sustainability-linked bond progress report
As announced on 21 June 2024, Fiven ASA ("Fiven") intends to redeem its outstanding EUR 110,000,000 senior secured sustainability-linked floating rate bonds with ISIN SE0021148764 (the "Bonds"). In accordance with the terms and conditions for the Bonds (the "Terms and Conditions"), a Sustainability-Linked Bond Progress Report (as defined in the Terms and Conditions) has been published as of today and is available on Fiven's website. Fiven will publish a separate call notice before the redemptionFiven ASA announces intention to redeem its outstanding EUR 110m bonds
PRESS RELEASE Oslo, 21st June 2024 As announced on 4 June 2024, OpenGate Capital, the ultimate shareholder of Fiven ASA ("Fiven"), has entered into a binding agreement for the sale of Fiven to Kymera International, LLC, a portfolio company of Palladium Equity Partners, LLC (the "Acquisition"). The terms of the agreement were not disclosed. In connection with the closing of the Acquisition, Fiven intends to redeem its outstanding EUR 110,000,000 senior secured sustainability-linked floating
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Frequently Asked Questions Regarding Fiven
Fiven is committed to delivering innovative and sustainable solutions for the industries of today and tomorrow. Fiven is clearly established as the worldwide leader in the business of silicon carbide grains and powders. At the heart of industry, Fiven prides ourselves in serving many customers, leaders in their own segment, across the world, throug... Read More