ALPLA and BillerudKorsnäs announced a joint venture in Danish paper bottle company ecoXpac, with equal ownership alongside a minority stake held by the founder family. The venture aims to commercialise a fully biobased, recyclable paper bottle.
BillerudKorsnäs and ALPLA announced a joint venture in Danish paper bottle company ecoXpac, with each to own equal shares alongside a minority stake held by the founder family. The venture aims to commercialise a fully biobased, recyclable paper bottle.
Wärtsilä sold its Wärtsilä Pumps business, based in Aalborg, Denmark, to Solix Group, a Scandinavian investment company. Pumps business sales were about EUR 50 million in 2017. The deal was announced on 31 October 2018.
Atlas Copco has bought Reno A/S, a Danish maker of compressed air compressors and high-pressure cleaners with 60 employees and offices in Denmark. The deal strengthens its service network in the region.
Novio Packaging Group has merged with Denmark-based Scandinavian Packaging, which will operate as Novio Scandinavia from January 1, 2019 under management of Hanne Zinck and Bjarke Arlø. The deal extends Novio's distribution into Scandinavia.
German metal packaging maker Blechwarenfabrik Limburg GmbH acquired Danish packaging manufacturer Baltic Packaging A/S, effective 1 May 2018. The Copenhagen plant joins the ICE.SE packaging network.
Armatec Group, part of Ernstromgruppen, signed an agreement to acquire all shares in Dansk Ventil Center and Valtor Offshore from Eriks BV, an industrial service provider of mechanical engineering components. The deal was reported in September 2017.
Armatec Group, part of Ernströmgruppen, signed an agreement to acquire all shares in Dansk Ventil Center AS and Valtor Offshore AS from ERIKS. Both businesses will remain separate with unchanged management.
Nordic private equity fund Altor Fund IV agreed to acquire Tresu Group, a Danish maker of flexographic inline printing machines, from majority owner Erhvervsinvest II. The sale and purchase agreement was signed on May 11, 2017.
Ballard Power Systems bought the remaining shares of its Danish subsidiary Ballard Power Systems Europe A/S, formerly Dantherm Power, from Dansk Industri Invest for a nominal value, giving it 100% ownership. The subsidiary is based in Hobro, Denmark.
Pentair plc completed the acquisition of Union Engineering A/S, headquartered in Fredericia, Denmark, which specializes in carbon dioxide capture, recovery and purification technologies. The seller is the Danish private equity fund Capidea and minority shareholders. The announcement was made on January 31, 2017.