Acquisition of Stantraek by Novedo

Novedo has acquired Stantraek.

Headquartered in Stockholm, Sweden, and founded in 2020, Novedo acquires and develops profitable companies across three segments: industrials, infrastructure and installation and services. Novedo seeks to acquire high-quality companies and allow these to thrive under a decentralized structure, benefitting from the support of the Novedo group. Following the acquisition, Novedo’s proforma revenue is approximately US$257 million and US$28.5 million EBITDA.

Founded in 1967 in Lystrup, outside Aarhus, Denmark, Stantraek specializes in customized components and sheet metal details for industrial applications, and offers a wide variety of competences, from the production of semi-manufactured parts to box-build solutions, creating the most optimal solution for its customers regarding choice of material, process, quality and supply chain management. Stantraek has a stable and diversified B2B customer base in various industries, including wind/energy, electronics and the process industry. Its turnover for 2022 amounted to approximately US$21 million.

Oaklins’ team in Denmark was engaged by Novedo as strategic and financial advisor in this transaction. The acquisition also marks Oaklins’ second transaction as advisor to Novedo.