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.
Former owner, CIDAN Machinery Denmark A/S
Talk to the deal team
Zephyr Group has acquired PK OEM Parts
Zephyr Group has acquired PK OEM Parts. With the entry of PK OEM Parts, Zephyr Group aims to achieve a consolidated turnover of approximately US$65 million in 2023. The acquisition will allow an increase in the services and product range offered to customers by leveraging the group’s know-how and logistical capabilities. Furthermore, the acquisition represents a step forward in the growth and consolidation strategy that Zephyr Group started in 2018 with the acquisition of Spanish competitor SKV.Learn more
R-Concept has been acquired by BioScientific Group
The shareholders of R-Concept have sold the company to BioScientific Group.Learn more
Ecorobotix has completed a fundraising
Ecorobotix has raised US$52 million. The new capital will enable the company to grow into new markets, expand its product range and build on the existing commercial success of ARA in Europe.Learn more