CLP has assisted Jolt Capital and Lightrock with investments in the wood supplier Kebony

Kebony has patented a technology that gives pine the same properties as tropical timber, and the planks are used, among other things, as maintenance-free terrace tables, outdoor furniture and cladding for buildings. The vision is to reduce CO2 emissions and tropical deforestation by using patented technologies that produce first-class wood products in an environmentally friendly way. Kebony has raised EUR 30 million in new equity from the investment company Lightrock and the French private equity fund Jolt Capital.

Read more about the case here.

CLP’s team has consisted of Lars Gunnar Aas and Cecilie Sjursen.