Novator Partners
Novator Partners LLP is an English private corporation, specialising in telecommunications, pharmaceuticals and financial services. In addition, Novator operates a Private Equity Fund and a Credit Opportunities Fund. The company is based in London and led by Björgólfur Thor Björgólfsson from Iceland.
Owners
The owner or owners of Novator are hiding behind a web of companies which includes companies in places such as Cyprus, Cayman Islands, Delaware, Gibraltar, Tortola (British Virgin Islands), and Luxembourg.
Investigations published in Denmark suggest that the underlying companies are linked to Russian companies.
Assets
In a few years, Bjorgolfsson acquired substantial assets in Central and Southern Eastern Europe.
The communications sector acquisitions of the Icelandic businessmen included:
In 2003 Novator acquired a 70% stake in Czech telecoms company České Radiokomunikace for £120m. It owns 39.23% of the shares in T-Mobile Czech Republic a.s. (one of the two largest mobile operators in the Czech Republic). Novator sold the stake three years later for £942m.