Skandiabanken Thursday and were given new principal shareholder after Skandia shares sold for 1.2 billion acquisitions fund Altor. The shares equivalent to 25 percent of the company.
Previously Altor most famous for its stake in Helly Hansen, Lindorff and EWOS.
– Yes, it is a new area for us. But it did not happen suddenly. We have worked with it for a while. Besides, we have some experience in finance since we own Carnegie who are big on asset management, says partner and The head of Altor, Hugo Maurstad, told DN.
He believes the bank has a large potential to increase product penetration and can grow more in mortgages, car loans, credit cards and consumer finance.
– within it should be possible to get Skandiabanken to become number three in Norway by DNB and Nordea retail side, think Maurstad.
He tells Finansavisen that they have a time horizon for their investments in five to six years and a minimum of three to four, and that those with a normal investment horizon should do three gangern on investment,
Maurstad is comfortable with the investment, adding that he has been a customer since its opening in 2000, and know it very well from the customer side.
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