M&A Deal Summary

Nordtech Acquires Vetec

On April 1, 2024, Nordtech acquired manufacturer Vetec from Dansk Generationsskifte

Acquisition Highlights
  • This is Nordtech’s 1st transaction in the Manufacturing sector.
  • This is Nordtech’s 1st transaction in Denmark.

M&A Deal Summary

Date 2024-04-01
Target Vetec
Sector Manufacturing
Buyer(s) Nordtech
Sellers(s) Dansk Generationsskifte
Deal Type Merger

Target

Vetec

Odense, Denmark
Vetec is a developer and manufacturer of weighing and overload solutions for hoists and cranes. Vetec is based in Odense, Denmark.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Nordtech

Odense, Denmark

Category Company
Founded 1994
Sector Electrical Equipment
DESCRIPTION

Nordtech is a wholesale and installation company with a focus on safety systems as well as control and delivery components for cranes, machines, and conveyor systems. Nordtech was founded in 1994 and is based in Odense, Denmark.


DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Merger M&A Deals 1 of 1
Country: Denmark M&A 1 of 1
Year: 2024 M&A 1 of 1

Seller(S) 1

DESCRIPTION

Dansk Generationsskifte A/S is a private investment firm focused on majority investments in small to mid-sized Danish companies. The Firm has a particular interest in companies facing succession issues. Dansk Generationsskifte A/S is based in Vester Skerninge, Denmark.


DEAL STATS #
Overall 2 of 2
Sector: Manufacturing M&A 1 of 1
Type: Merger M&A Deals 1 of 1
Country: Denmark M&A 2 of 2
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-27 Aqua Danmark

Ringsted, Denmark

Aqua Danmark develops, sells and services softening systems and water treatment equipment for private homes and commercial use. Lime-free water lowers energy consumption, reduces the need for chemicals in cleaning and increases the lifespan of household equipment. Aqua Danmark was founded in 2009 and is based in Ringsted, Denmark.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-12 Ismageriet

Kobenhavn, Denmark

Ismageriet produces and sells premium and innovative gelato. Ismageriet is sold physically in the various ice cream cafes in Greater Copenhagen as well as digitally via our own webshop and platforms such as Just-Eat.Ismageriet shop always offers at least 32 different and freshly produced ice cream varieties as well as a large selection of ice cream cakes and desserts. Ismageriet was founded in 2005 and is based in Kobenhavn, Denmark.

Buy -