Go to deals
Construction & Engineering Services

Guard has strengthened its Danish platform with the acquisition of Holtec

February 2026 — Guard Automation AS, a leading Nordic provider of automation services, insight and process optimization, has acquired Holtec AS, a Danish engineering and automation company. The acquisition strengthens Guard’s presence in Denmark and supports its strategy of combining strong local expertise with digital platforms. Together with X Automation, Holtec will form a strong Danish automation platform, enabling knowledge sharing, best-practice transfer and enhanced capabilities across the Nordics.

Guard is an independent industrial automation and system integration provider with operations in Norway, Sweden and Denmark. The company develops solutions that enhance operational efficiency and productivity, focusing on the water, environment, energy and manufacturing industries, as well as industrial IT, internet of things (IoT) and AI.

Headquartered in Esbjerg, Holtec has more than 35 years of experience delivering automation solutions to customers in the industrial, energy, water and environmental sectors. The company is recognized for its strong technical expertise and proven delivery capabilities across complex automation projects. Sven Aage Jensen, CEO, will continue to lead the business and further develop the company to meet customer demands.

Our role in the transaction

Oaklins’ team in Denmark acted as the buy-side M&A advisor to Guard Automation AS in this transaction.

Parties
“The Oaklins team worked seamlessly, always one step ahead in the process. This is our second acquisition with Oaklins and we are delighted with the collaboration.”

Karl Kristian Sunde

Chairman and owner, Guard Automation AS

Talk to the deal team

Daniel Sand

Partner
Copenhagen, Denmark
Oaklins Beierholm

Malte Svanholm

Senior Associate
Copenhagen, Denmark
Oaklins Beierholm

Related deals

Mäder Group has welcomed new minority shareholder Whitestone Group, BNP Paribas Développement has reinvested
Private Equity | Construction & Engineering Services

Mäder Group has welcomed new minority shareholder Whitestone Group, BNP Paribas Développement has reinvested

Mäder Group, a specialist in high value-added paints and composites solutions, has renewed its shareholding structure through an investment by Whitestone Group, a listed Belgian investment holding company, while BNP Paribas Développement has reinvested.The founding family will continue to lead the group through its current chairman and CEO, Julien Molina. Bpifrance and Naxicap Partners, long-standing partners of the Mäder Group since 2010, have fully exited their investments. The new capital structure is designed to enable Mäder Group to continue executing its growth strategy through both organic expansion and strategic acquisitions.

Learn more
Lomboser has partnered with Growth Partners Capital
Private Equity | Construction & Engineering Services

Lomboser has partnered with Growth Partners Capital

Growth Partners Capital has acquired a minority stake in Lomboser S.A., establishing a strategic partnership to support the company’s next phase of growth and expansion across Iberia.

Learn more
Technolignes builds an Eastern Canada leader with the acquisition of C3F Telecom
Construction & Engineering Services | TMT

Technolignes builds an Eastern Canada leader with the acquisition of C3F Telecom

C3F Telecom Inc. has been acquired by Technolignes as part of its strategy to build a leading telecommunications infrastructure platform across Eastern Canada. The transaction brings together two highly complementary businesses, combining C3F’s engineering and network design expertise with Technolignes’ established field construction capabilities and regional presence. Together, the companies are well positioned to deliver end-to-end telecommunications infrastructure solutions to telecom operators, municipalities and public sector clients across a broader geographic footprint.

Learn more