Hasselblad Group, a Gothenburg, Sweden-based camera manufacturer, has been acquired by Ventizz Capital Fund IV L.P. from Hong Kong-based Shriro Group.
Shriro, which has owned the company since 2003, will retain its current Hasselblad’s distribution rights in the Asia-Pacific region. Vasco Fung, CEO of Shriro, will serve an additional five year term on the supervisory board of Hasselblad.
The investment, whose amount remained undisclosed, will help the company enter new market segments as well as develop existing product lines.
Founded in 1941 and led by Dr. Larry Hansen, Hasselblad Group produces first class camera equipment for professional photographers, photo artists and high-end consumers.
FinSMEs
01/07/2011