Yeti Moves has from 2019 been a joint venture between Semcon, Øveraasen and Husqvarna. Husqvarna has acquired Semcon’s shares in addition to providing new equity financing of 35 MNOK. This has increased their ownership in Yeti Move to over 80% in the joint venture that from now on will be between Husqvarna and Øveraasen.
“Husqvarna’s investments is securing Yeti Moves future and enables us to develop our technology even further”, says interim CEO Bjørn Tore Orvik.
Click here to read Husqvarna’s press release.