Shield Group International has acquired Dansk Bygningsanalyse AS (DBA) in a move to enter the Scandinavian market. For DBA, the transaction brings new opportunities by being part of an international group of companies. Financial details of this transaction have not been disclosed.
Founded in 1988, DBA specializes in technical testing and analyses of indoor climate, fungi, rot and insect attack, fiber, moisture and other critical environmental factors.
Shield Group International, part of the Dutch company ACTA, is internationally active in providing consultancy and laboratory services. Hans van der Wart, CEO at Shield Group’s head office in Rotterdam, Netherlands, commented on the deal, stressing that, “this deal is of significant importance to Shield Group International as we want to move into Scandinavia. DBA specializes in providing high quality safety and environmental monitoring and management solutions, and will broaden and strengthen Shield’s portfolio in Europe according to our strategy.”
Jørgen Fode, who will continue as Director of DBA, said: “There will be no changes in the company's business concept, organization, planning and service providing. I strongly believe that together we and our clients can benefit from future synergies through the new ownership. By joining Shield Group, DBA can grow in Denmark and also enter into other Scandinavian countries. This is an exciting time with lots of opportunities for DBA and its team.”
Oaklins' team in Denmark was engaged as the strategic and financial advisor to the owner of Dansk Bygningsanalyse AS in connection with the sale of the company. Oaklins' team in the Netherlands assisted with identifying and contacting the final buyer, Shield Group International.
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