# SP Group acquires Neptun Plast and Atlantic Floats Denmark

SP Group, through its subsidiary SP Moulding, acquired Neptun Plast A/S and Atlantic Floats Denmark A/S, both in Vordingborg, Denmark, for an enterprise value of up to DKK 35 million. The companies specialize in injection moulding of technical plastics and products for the fishing industry.

- Type: Acquisition
- Announced: 2021-07-14
- Where: Vordingborg, Denmark, Denmark
- Value: $5.50M (35.0M DKK)
- Status: announced
- Products: injection moulded technical plastics, floats, baskets, COD END rings, bobbins, buckets for fishing industry
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [SP Group](https://endata.com/companies/23010.md) (acquirer)
- [SP Moulding A/S](https://endata.com/companies/56460.md) (acquirer)
- [Neptun Plast A/S](https://endata.com/companies/56461.md) (target)
- [Atlantic Floats Denmark A/S](https://endata.com/companies/56462.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2021/07/14/2262530/0/en/SP-Group-A-S-acquires-Neptun-Plast-A-S-and-Atlantic-Floats-Denmark-A-S.html), 2021-07-14: "The acquisition of these two well-running companies with own products and specialists in injection moulding of technical plastics and production and sales of floats, baskets, COD END rings, bobbins and buckets for the fishing industry, accelerates the growth in SP Group."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.