M&A Deal Summary

Nordic Drives Group Acquires Aalestrup Elektro

On April 5, 2024, Nordic Drives Group acquired electrical equipment company Aalestrup Elektro

Acquisition Highlights
  • This is Nordic Drives Group’s 1st transaction in the Electrical Equipment sector.
  • This is Nordic Drives Group’s 1st transaction in Germany.

M&A Deal Summary
Date 2024-04-05
Target Aalestrup Elektro
Sector Electrical Equipment
Buyer(s) Nordic Drives Group
Deal Type Add-on Acquisition

Target

Aalestrup Elektro

Aalestrup, Germany
website
Aalestrup Elektro is a full range provider of services, repairs, products, spare parts, cabinet builds serving process industry clients in Northern Denmark. Aalestrup Elektro was established in 1957 and is based in Aalestrup, Germany.

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Buyer(S) 1

Buyer

Nordic Drives Group

Stockholm, Sweden

website

Category Company
Founded 2021
Sector Electrical Equipment
DESCRIPTION

Nordic Drives Group specializes in electric drive and power systems and are experts in electric motors, frequency converters and industrial automation. Nordic Drives Group was founded in 2021 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Germany) 1 of 1
Year (2024) 1 of 1
Mergr

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