M&A Deal Summary

Alimak Group Acquires Avanti Wind Systems A/S

On December 5, 2016, Alimak Group acquired manufacturer Avanti Wind Systems A/S from Polaris Private Equity for 91M EUR

Acquisition Highlights
  • This is Alimak Group’s 1st transaction in the Manufacturing sector.
  • This is Alimak Group’s 2nd largest (disclosed) transaction.
  • This is Alimak Group’s 1st transaction in Denmark.

M&A Deal Summary

Date 2016-12-05
Target Avanti Wind Systems A/S
Sector Manufacturing
Buyer(s) Alimak Group
Sellers(s) Polaris Private Equity
Deal Type Add-on Acquisition
Deal Value 91M EUR

Target

Avanti Wind Systems A/S

Hillerod, Denmark
Avanti Wind Systems A/S is a manufacturer and distributor of lifts, ladder systems, fall protection and safety equipment as well as related service for the wind turbine industry.

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Buyer(S) 1

Buyer

Alimak Group

Stockholm, Sweden

Category Company
Founded 1948
Sector Machinery
Employees2,928
Revenue 7.1B SEK (2024)
DESCRIPTION

Alimak Group is a manufacturer and supplier of elevators, platforms, and after-market service for the industrial and construction sectors. Alimak Group was founded in 1948 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 4 of 7
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 7
Country: Denmark M&A 1 of 1
Year: 2016 M&A 3 of 3
Size (of disclosed) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-01 CoxGomyl

Chipping Norton, Australia

CoxGomyl is a provider of premium facade access solutions specializes in the design, manufacturing, installation, and servicing of Building Maintenance Units (known as BMUs or gondolas in Europe & Asia, and cradles in America). CoxGomyl has provided facade access solutions range from solutions for many of the world's tallest and most complex buildings (including Taipei 101, Shanghai World Finance Centre and the 818 meters tall Burj Dubai) and standard designs providing its clients with cost-efficient access. CoxGomyl also operates a railway maintenance division, Gomyl Railway, which designs and manufactures maintenance equipment for the railway industry.

Buy AU$120M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-18 Tall Crane Equipment

Langley, British Columbia, Canada

Tall Crane Equipment is a licensed elevator contractor, providing hoist and crane rentals, qualified licensed personnel, and repairs and maintenance on site and off-site. Tall Crane Equipment was founded in 1980 and is based in Langley, British Columbia.

Buy kr215M

Seller(S) 1

SELLER

Polaris Private Equity

Copenhagen, Denmark

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 1.3B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Polaris Private Equity is a mid-market Danish private equity firm focused on buyouts within Denmark and Sweden. Polaris does not have any sector preferences, however the Firm looks for 'niche' businesses that exhibit growth potential and have the ability to lead their markets. Prospective companies typically have revenues of at least €20 million. Polaris was formed in 1998 and is based in Copenhagen.


DEAL STATS #
Overall 20 of 37
Sector: Manufacturing M&A 1 of 2
Type: Add-on Acquisition M&A Deals 7 of 15
Country: Denmark M&A 12 of 25
Year: 2016 M&A 3 of 3
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-17 Car-O-Liner AB

Västra Frölunda, Sweden

Car-O-Liner AB is a designer, manufacturer and distributor of collision repair equipment to the automotive aftermarket.

Sell $155M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-07 HTC Group AB

Soderkoping, Sweden

HTC Group AB is a developer and manufacturer of professional floor grinding systems and floor solutions.

Sell -