Strategic Partnership

Norwegian diesel engine, genset and propellerequipment supplier Frydenbo (SLASH THRU O) Industri AShas entered into a strategic partnership with German propulsion systemsspecialist The Schottel Group, acquiring some 15% of Schottel shares.

Frydenbo Industri AS subsidiary Frydenbo Power AS is a long-standing sales partner of Schottel in Norway. The remaining shares in Scottel are held by the founder’s family.