M&A Deal Summary

Solix Group AB Acquires KK Group A/S

On November 21, 2016, private equity firm Solix Group AB acquired electrical equipment company KK Group A/S from Maj Invest Equity

Acquisition Highlights
  • This is Solix Group AB’s 1st transaction in the Electrical Equipment sector.
  • This is Solix Group AB’s 2nd transaction in Denmark.

M&A Deal Summary

Date 2016-11-21
Target KK Group A/S
Sector Electrical Equipment
Buyer(s) Solix Group AB
Sellers(s) Maj Invest Equity
Deal Type Secondary Buyout

Target

KK Group A/S

Ikast, Denmark
KKK Group A/S manufactures control systems and breaker panels. Company offers solutions ranging from the development of state-of-the-art systems and lean manufacturing capabilities to the distribution, installation and maintenance on site through a global setup.

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Buyer(S) 1

DESCRIPTION

Solix Group AB is an investment firm focused on opportunities in Denmark and Sweden. Solix looks for companies generating sales greater than SEK 500 million. Solix Group is based in Malmo, Sweden.


DEAL STATS #
Overall 3 of 5
Sector (Electrical Equipment) 1 of 1
Type (Secondary Buyout) 1 of 1
Country (Denmark) 2 of 4
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-11 Geveko AB

Göteborg, Sweden

Geveko AB is a road marking company. Operations focus on produk¬tion and sale of road-marking products and contract services. Collaboration across national boundaries. Geveko offers environmentally friendly and innovative products of high quality with the goal of creating safer roads and consequently support Geveko's mission and mission to actively participate in road safety in Europe.

Buy kr200M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-01 Skiold A/S

Sæby, Denmark

Skiold A/S offers equipment, project solutions, management systems, and services within 3 areas of business: 1) Grain and feed milling plant producing feed for pig, cattle and poultry, 2) piggery equipment, and components and 3) seed cleaning, grading and treating equipment. Skiold was formed in 1877 and is based in Sæby, Denmark.

Buy -

Seller(S) 1

SELLER

Maj Invest Equity

Copenhagen, Denmark

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2005
PE ASSETS 590M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Maj Invest Equity A/S (formerly LD Invest Equity) is the private equity investment arm of financial management firm Maj Invest Holding A/S (formerly LD Invest A/S). Maj invests in small-cap Danish businesses generating sales of EUR 13 to 130 million with proven business models and established market positions. Maj Invest Equity was formed in 2005 and is based in Copenhagen.


DEAL STATS #
Overall 35 of 50
Sector (Electrical Equipment) 1 of 1
Type (Secondary Buyout) 7 of 8
Country (Denmark) 35 of 50
Year (2016) 9 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-12 SFK LEBLANC

Kolding, Denmark

SFK LEBLANC is a global supplier of high-tech production equipment. SFK LEBLANC supplies advanced automatic pig and cattle slaughter lines to major manufacturers such as Smithfield Foods, Inc., Tyson Foods, Triumph Foods and Danish Crown. SFK LEBLANC has activities in Denmark, the Netherlands, Canada, the USA, China and Russia. SFK LEBLANC is based in Kolding, Denmark.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-01 Solum A/S

Hedehusene, Denmark

Solum A/S operates within environmental services and waste processing, primarily in Denmark. On two plants in Denmark, Solum handles and refines a number of waste streams such as garden waste, construction and industrial waste. Furthermore, Solum develops and markets the Aikan Technology which converts organic household waste into valuable biogas and fertilizer.

Sell -