MedWatch

Lundbeck Foundation buys stake in asset manager

The Danish Lundbeck Foundation acquires 25 percent of asset manager Cresco Capital Services, which has climate among its focal areas and invests in energy projects.

Photo: Lundbeckfonden / PR

Denmark's Lundbeck Foundation makes a new investment meant to contribute to forestation and land development in northern Europe. The foundation acquires 25 percent of asset manager Cresco Capital Services, according to a statement Thursday morning CET.

Cresco is based in Denmark but focuses on investments, management and development of forest and countryside areas in not just the Nordic region but the UK and Baltics as well. With this acquisition, its new shareholder secures a seat on the board of directors and also chair position.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from MedWatch

Further reading

Related articles

Latest news

See all jobs