HTC Sweden, a portfolio company of Polaris Equity and Bonaventure Capital, has sold its Floor Grinding Solutions (FGS) business to the Construction Division of Husqvarna Group.
The FGS business is a leading global developer and manufacturer of professional floor grinding systems and floor solutions. HTC FGS has been part of HTC Sweden since it was acquired by Polaris Equity and Bonaventure Capital in 2013.
Polaris and Bonaventure will continue to be owners in partnership with management of Twister, the remaining division of HTC Sweden with a focus on the cleaning industry.
For more information, please read the official Press Release here .