Valeris Advisory acted as advisor to Scanjet Holding in the acquisition of British PSM Instrumentation. The acquisition is another step in Scanjets strategy to broaden its offering in ITAMA - Intelligent Tank Management.

Scanjet today presented at the Marine trade fair Asia Pacific Maritime 2016 in Singapore, the acquisition of British PSM Instrumentation Ltd. PSM is a leader in pressure sensors for tanks in the marine market. The acquisition complements Scanjets product range within the ITAMA concept.

"Through our market leadership an opportunity arose to acquire an international company and thereby broadening our offering. This transaction is another step in our focus on Intelligent Tank Management where we have engaged Valeris Advisory. "

- Magnus Wallin, CEO and owner of Scanjet Holding.

"We are very pleased to have participated in this deal. The benefits for both buyers and sellers is large and there is a strong logic in the deal. It will be very exciting to follow the companies in the future. "

- Håkan Berntsson, Founding Partner of Valeris.

For more information, please contact:

Håkan Berntsson, Founding Partner
Valeris Advisory AB
Mobile: +46 707 59 77 00
Email: hakan.berntsson@valeris.se