Investment Summary

Vækst-Invest Nordjylland Invests In Vest-Tex

On June 17, 2021, private equity firm Vækst-Invest Nordjylland invested in apparel/textiles company Vest-Tex

Investment Highlights
  • This is Vækst-Invest Nordjylland’s 1st transaction in the Apparel/Textiles sector.
  • This is Vækst-Invest Nordjylland’s 20th transaction in Denmark.

Investment Summary

Date 2021-06-17
Target Vest-Tex
Sector Apparel/Textiles
Investor(s) Vækst-Invest Nordjylland
Deal Type Stake Purchase

Target

Vest-Tex

Bronderslev, Denmark
Vest-Tex is a producer and importer of yarn and accessories in Northern Europe under the Mayflower and BUMBO by Mayflower brands. Through sub-brands, the company delivers yarn, accessories, and crochet and knitting patterns to specialty stores in Denmark, Sweden, Norway, the Netherlands, and Germany - as well as supermarket chains in Denmark. Vest-Tex was founded in 1951 and is based in Bronderslev, Denmark.

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Investor(S) 1

Investor

Vækst-Invest Nordjylland

Investor


Category Private Equity Firm
Founded 2008
PE ASSETS 300M DKK
Size Small
Type Sector Agnostic
DESCRIPTION

Vækst-Invest Nordjylland is a privately-owned investment fund focused on enterprises in Denmark. The Firm looks to invest in small and medium-sized companies generating sales of DKK 150 to 200 million and valued less than DKK 150 million. Vækst-Invest pursues a variety of transaction types, including management buyouts, growth financings, and stake purchases. Vækst-Invest was formed in 2008 and is based in Aalborg, Denmark.


DEAL STATS #
Overall 20 of 24
Sector: Apparel/Textiles M&A 1 of 2
Type: Stake Purchase M&A Deals 6 of 7
Country: Denmark M&A 20 of 24
Year: 2021 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-09 Cortex Technology

Aalborg, Denmark

Cortex Technology is a manufacturer of dermatology–cryosurgical equipment and equipment for scientific skin analysis. Cryosurgical equipment is used for the treatment of various skin conditions, including warts and certain types of skin cancer. Cortex Technology was formed in 1986 and is based in Aalborg, Denmark.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-01 Eico

Bronderslev, Denmark

Eico produces and distributes hoods, hobs and other white goods for private customers. Eico was formed in 1981 and is based in Bronderslev, Denmark.

Sell -