Novo Holdings

Novo Holdings

Novo Holdings

Overview
Type of Company

Private

Industries

Building Products & Construction Materials

Company Description

Novo Holdings, part of Total SA, is a company headquartered in France that manufactures, processes and markets paints, industrial coatings and speciality chemicals. It was acquired by Kalon Group Plc on 01 Feb 93 for $30.37 million.The company says this about itself: Novo Seeds is the early stage investment arm of Novo Holdings. Novo Holdings A/S is a Danish private limited liability company wholly owned by the Novo Nordisk Foundation. It is the holding company of the Novo Group, comprising Novo Nordisk A/S, Novozymes A/S and NNIT A/S, and manages the Foundation's assets. In addition to being the major shareholder in the Novo Group companies, Novo Holdings provides seed and venture capital to development-stage companies, takes significant ownership positions in well-established companies within life science and manages a broad portfolio of financial assets. It is the vision of Novo Holdings to be recognized as a world-leading life science investor with a focus on creating long-term value.

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