Cidan Machinery Denmark A/S has been acquired by private individuals & management
The private shareholders of Cidan Machinery Denmark A/S have sold the company to three private individuals with an extensive background in leading PE funds and part of the management team. Financial details have not been disclosed.
Cidan Machinery Denmark A/S is a leading manufacturer of sheet metal machinery. The company's products include folding machines (brake and bending), mechanical shears, cut to length machines and coil processing accessories (decoiler and recoiling systems, etc.) and are sold and serviced through dealers, agents and through wholly owned companies in Denmark, Sweden, United States and China. The company's headquarters and production facilities are located in Sweden. Cidan Machinery markets its products in more than 20 countries, mainly in Scandinavia and North America.
Oaklins' team in Denmark advised the seller in this transaction.
Lasse Petersen
Former owner, CIDAN Machinery Denmark A/S
Talk to the deal team
Related deals
East Metal has been acquired by management and private investors
The Latvia-based metalworking company East Metal has been acquired from its former Danish owner, East Metal Holding, through a management buy-out (MBO) by a group of private investors, the current owners of Valpro, in partnership with the local management team. Financing for the transaction was provided by Signet Bank.
Learn moreQuantum Base Holdings plc has completed its official admission to AIM
Quantum Base began trading on the London Stock Exchange’s AIM market under the ticker QUBE following a US$6.4 million (£4.8 million) fundraising round. The company develops Q-ID tags, a quantum-based authentication technology designed to prevent counterfeiting by leveraging atomic-level randomness. Proceeds from the listing will fund product development and commercial expansion, including new operational and commercial hires.
Learn moreHe-Man Dual Controls has been acquired by Lagercrantz UK Limited
Lagercrantz UK Limited has acquired 100% of the shares in HM Holding Limited (He-Man Dual Controls), a leader in supplemental control systems for vehicles.
Learn more