Private shareholders have sold Sensonor to Safran
Norway-based Sensonor is a market leader for inertial devices based on microelectromechanical measurement systems (MEMS) which are mission-critical products in the defense, space and positioning / autonomous industry. Sensonor provides its components to an international clientele spanning from the Americas across Europe to Asia.
The management team will remain in their roles and further develop Sensonor in partnership with Safran. Under the new ownership, the company is looking to further establish its high-end products in the relevant international markets.
Lincoln acted as the exclusive financial advisor to the private shareholders on this transaction, providing industry expertise and managing the preparatory, marketing, negotiation and due diligence phases.
The parties have agreed not to disclose any financial details.
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