Redcord AS

Redcord AS

Redcord AS

Overview
Date Founded

1991

Headquarters

Kilsundveien 157,Staubo, Aust-Agder 4920

Type of Company

Private

Industries

Other Consumer Durables
Holding Companies
Recreation & Leisure

Company Description

Redcord AS is a holding company that develops, produces, and sells exercise based treatment for neuro-muscular disorders. Its product is designed to treat muscular, back, neck, and spinal column problems. The company was founded by Petter Planke, Grete Planke, and Tore Planke in 1991 and is headquartered in Staubo, Norway.

Website
Executives & Employees

President & Chief Executive Officer

Chief Accountant, Manager-Administration & Human Resources

Vice President-North & South American Distributors

Vice President-Sales

Vice President, Education

Vice President-Logistics

Country Manager-Germany Region

Manager-Corporate Marketing

Manager-Distributors

Secretary

Board of Directors

Chairman at Altua AS

Co-Founder at Tomra Systems ASA

Chief Executive Officer at Axio group AS

Director at Redcord AS

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Redcord AS
Investors
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SI's private equity investment strategy focuses on LBOs and MBOs. They have made investments in energy and shipping firms with a focus on oil technology, marine and fish farming, and also the financial sector. The firm typically invests between NOK 25 million to NOK 50 million as minority stakeholder. They take Board positions on their portfolio firms.

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Verdane Capital is an active, long-term, manager which invests in small- and medium-sized growth firms in a range of technology sectors including Internet, telecommunications, electronic media, biotech, oil/energy and traditional industries. Their geographic focus is on Norway and the Nordic region.Through their funds, the firm acquire stakes in firms by buying portfolios of direct investments or through direct venture capital transactions. They partner with their investee companies to provide strategic, operational, sales, marketing and financial expertise as well as access to their international and Nordic networks of partners.Verdane Capital typically invests NOK 10-50 million in companies with experienced, flexible management teams aiming to continuously improve and which are capable of developing and implementing a disciplined, structured growth plan with the aim of optimizing their profitability. They generally act as lead investor, acquiring minority stakes and always take a seat on the board of directors of their key investee companies.The firm also considers co-investments and seeks to exit investments after five to seven years via trade sales, IPOs or sales to new owners.

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Bergtor AS engages in trading and shipping industry. It offers financial investment and securities. The firm also owns and manages real estate. The company was founded on June 30, 1995 and is headquartered in Sola, Norway.

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