M&A Deal Summary

A.P. Moller Holding Acquires Nissens Cooling Solutions

On July 19, 2021, family office A.P. Moller Holding acquired renewable energy company Nissens Cooling Solutions from Nissens

Acquisition Highlights
  • This is A.P. Moller Holding’s 3rd transaction in the Renewable Energy sector.
  • This is A.P. Moller Holding’s 4th transaction in Denmark.

M&A Deal Summary

Date 2021-07-19
Target Nissens Cooling Solutions
Sector Renewable Energy
Buyer(s) A.P. Moller Holding
Sellers(s) Nissens
Deal Type Divestiture

Target

Nissens Cooling Solutions

Horsens, Denmark
Nissens Cooling Solutions is a manufacturer of cooling components, cooling systems and cooling modules, and a preferred supplier to the world’s leading OEMs in a large variety of industry segments. Nissens Cooling Solutions has decades of experience with the design and manufacturing of customised cooling solutions for industrial applications, not least the wind turbine industry. Nissens Cooling Solutions was founded in 1921 and is based in Horsens, Denmark.

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Buyer(S) 1

Buyer

A.P. Moller Holding

Investor Investor Investor Investor Investor


Category Family Office
Founded 2013
PE ASSETS 20.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

A.P. Moller Holding is long-term private investment group that serves the A.P. Moller Foundation. The Firm looks to invest in and acquire companies that have long-term 'positive' impacts on society in the industrial, transportation, energy, and consumer sectors. A.P. Moller Holding is based in Copenhagen, Denmark.


DEAL STATS #
Overall 4 of 6
Sector: Renewable Energy M&A 3 of 3
Type: Divestiture M&A Deals 2 of 3
Country: Denmark M&A 4 of 5
Year: 2021 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-10 KK Wind Solutions

Ikast, Denmark

KK Wind Solutions is a supplier of power electronic and cooling solutions to the wind turbine industry and other industrial segments. KK Wind Solutions built the world’s first electrical control system for wind turbines and is today a power electronics integrator offering a wide range of products and services to wind turbines and parks. KK Wind Solutions was founded in 1981 and is based in Ikast, Denmark.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-03 Unilabs

Geneva, Switzerland

Unilabs is a European supplier of clinical laboratory testing and medical diagnostic imaging services to private and public healthcare providers, local governments, insurance companies, pharmaceutical companies, and the general public. It operates laboratory and medical diagnostic imaging facilities in 15 countries: Czech Republic, Denmark, Finland, France, Italy, KSA, Norway, Peru, Portugal, Slovakia, Spain, Sweden, Switzerland, UAE, and the United Kingdom. Unilabs was founded in 1987 and is based in Geneva, Switzerland.

Buy -

Seller(S) 1

SELLER

Nissens

Horsens, Denmark

Category Company
Founded 1921
Sector Automotive
Employees1,300
DESCRIPTION

Nissens develops, manufactures and sells cooling and climate products for the global automotive aftermarket, and Nissens Cooling Solutions, which designs, manufactures and sells custom cooling components, systems and modules for the wind turbine industry and the industrial sector, including the defence, mining and civil engineering industries. The group has more than 1,300 employees worldwide, with sales and production facilities across three continents. Both Nissens Automotive and Nissens Cooling Solutions are renowned for their focus on innovation and product development, high product quality and strong logistical and supply chain concepts. Nissens was founded in 1921 and is based in Horsens, Denmark.


DEAL STATS #
Overall 1 of 1
Sector: Renewable Energy M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Denmark M&A 1 of 1
Year: 2021 M&A 1 of 1