Go to deals
Industrial Machinery & Components | Private Equity

Sjørring Maskinfabrik has been sold to Terratech Group

Dansk Ejerkapital (largest shareholder) and the remaining shareholders of Sjørring Maskinfabrik A/S (Sjørring) have sold the company to Terratech Group.

Sjørring operates as a well-known manufacturer and supplier of wheel-loader buckets to OEMs in Europe, and as a supplier of excavator buckets under its own brand name to OEDs. The high-margin attachment specialist is now ready to embark on its next growth trajectory together with Sweden-based Terratech Group. Sjørring was founded in 1946, and is headquartered in Thisted, Denmark with a sales office in Aarhus. The company has approximately 230 employees and develops and manufactures buckets to some of the largest construction equipment companies in the world. Sjørring has a unique position in the industry rooted in its long-term customer relations with leading OEMs and OEDs, best-in-class production flow, a state-of-the-art supply chain, in-house design and engineering capabilities with own IPR.

Terratech Group is a leading supplier of innovative solutions for tool carriers, which includes an offering of tiltrotators, quick couplers, and control systems providing undisputable benefits to fleet owners and operators. Terratech Group is a holding company owned by the Swedish/Danish PE firm Solix, operating the subsidiaries Steelwrist and SVAP, with sales offices worldwide.

Oaklins’ team in Denmark was engaged by Dansk Ejerkapital and the remaining shareholders of Sjørring as strategic and financial advisor in this transaction.

Parties
“Oaklins was instrumental in pushing the process forward and securing a transaction with an attractive outcome for the sellers, the buyer and for Sjørring’s future development.”

Ronnie Møller-Thorsøe

Partner, Dansk Ejerkapital

Talk to the deal team

Kim Harpøth Jespersen

Managing Partner
Copenhagen, Denmark
Oaklins Beierholm

Nicolai Audon

Director
Copenhagen, Denmark
Oaklins Beierholm

Related deals

iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets
Private Equity | Construction & Engineering Services | Energy | TMT

iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets

iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.

Learn more
East Metal has been acquired by management and private investors
Industrial Machinery & Components

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 more
Quantum Base Holdings plc has completed its official admission to AIM
Industrial Machinery & Components

Quantum 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 more