Quant announces management buyout at Quant Latvia SIA

Quant announces management buyout at Quant Latvia SIA

Quant has sold its subsidiary Quant Latvia SIA in Riga, Latvia, to Ronalds Brutāns and Jevgeņijs Pozdņakovs, managers of this local business since long. The sale was signed and completed on 30 August 2019.

The sale of Quant Latvia SIA has no impact on the employees of Quant Latvia SIA, who will be transferred to the new ownership within the current organization structure. An orderly switch to independence is ensured through a transition period where Quant supports with infrastructure.

 

Stockholm, 31 August 2019
Quant AB (publ)

 

For further information, please contact:
André Strömgren, SVP, Transformation & Investor Relations:
Phone nr.: +46 708 410 796
E-mail: ir@quantservice.com

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Quant AB (publ) is a global leader in industrial maintenance. For over 30 years, we have been realizing the full potential of maintenance for our customers. From embedding superior safety practices and building a true maintenance culture, to optimizing maintenance cost and improving plant performance, our people make the difference. We are passionate about maintenance and proud of ensuring we achieve our customers’ goals in the most professional way. The group operates internationally in close to 30 countries world-wide, employing close to 3,000 people. The parent company is located in Stockholm, Sweden.

Quant AB (publ) is privately held by Nordic Capital since 2014. For additional information about the group, please visit www.quantservice.com.