To our investors, business acquaintances and friends of Reiten & Co,
After yet another busy year for Reiten the festive season is here again. We’ve had an exciting year! Malthus merged with Uniteam, we made an investment in Scanship, exited Data Respons and introduced Webstep on the Oslo Stock Exchange. Brubakken has expanded their product offering, Con-Form continues their impressive development and Grilstad remains the category captain within Cured meats. Competentia continued to expand into new geographies.
We celebrated our 25th anniversary as a firm this year. Since our establishment in 1992 we have witnessed significant changes in Norwegian and international business affairs. We are grateful for the trust shown by investors, banks, business partners and portfolio companies. The people involved and their skills, represented by existing and previous colleagues in Reiten & Co and the portfolio companies, have created exciting local and global companies during this period. We are grateful for their individual and collective contribution.
We have always taken Environmental, Social and Governance issues seriously («ESG»). Now, with our new ESG feeback platform – “ESG Pulse”, we obtain unique insight across the portfolio and contributes to the understanding and development of our active ownership approach.
The festive season is a time for reflection and spending time with friends and family. This year, like last, we give our support The Church City Mission’s local charity project «GLED EN SOM GRUER SEG TIL JUL» who offer a warm meal, gifts and pleasant company on Christmas Eve to less fortunate people in Oslo.
Before entering 2018 with renewed focus on value creation, exits and new investments, we wish you all the best for the festive season and a prosperous new year.
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