The private shareholders of ELKA Rainwear A/S have sold the company to Halberg Kapital A/S for an undisclosed consideration.
ELKA Rainwear is a leading Danish specialist in protective clothing for the industry, e.g. offshore, cleaning, professional fishery etc. ELKA's extensive product range includes several new launches such as Dry Zone, D-Lux, EDGE and other products. The company develops, manufactures and markets products of the highest quality.
Halbjerg Kapital is a Danish investment company with emphasis on SMEs.
Oaklins' team in Denmark acted as strategic and financial advisor to the seller in the conduction of an international sales process.
Camilla Skovhuus, former owner of ELKA Rainwear A/S, said: ”Oaklins has been outstanding in their management and implementation of the sales process. The interest in ELKA has been overwhelming. With Oaklins' expertise and international capacity we felt safe throughout the process. With the sale to Halberg Kapital we have found the absolute best future owner."
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