Folmer Equity Fund I Ky (the Fund) has exited its portfolio company Oy Canorama Ab in June 30, 2020. In the completed transaction, the Fund, a sole owner of Canorama, sold its shares to Lounea Oy.
The Fund became the owner of Canorama in March 31, 2011. During Folmer’s ownership, Canorama has made three acquisitions and expanded its offering strongly into IT services. Canorama has become a major nationwide supplier of IT and multi-function devices and services during Folmer’s ownership. Canorama’s revenue in 2019 was approximately EUR 23 million.