Sale of Danish expert in designing and manufacturing special machinery
November 2023 — The shareholders of BV Teknik A/S have sold the company to Addtech.
BV Teknik, founded in 1981 and headquartered in Holstebro, Denmark, has gained an outstanding reputation in the industry for specialized machinery, and stands as a market leader in its niche, owing to long-standing relationships with loyal customers. The uniqueness of BV Teknik lies in its ability to conceptualize, design and execute bespoke automation solutions. Whether it is streamlining manufacturing processes, enhancing product quality or ensuring regulatory adherence, BV Teknik’s solutions are meticulously tailored to deliver tangible value at every stage of production. Many end users of BV Teknik’s specialized machines hail from blue-chip manufacturers in the automotive, pharmaceutical and plastic industries. These high-quality machines are precisely customized to meet the customers’ demands and unique requirements.
Addtech is a technical solutions group that provides technological and economic value-added in the link between manufacturers and customers. Addtech is active in selected niches in the market for advanced technology products and solutions. Its customers primarily operate in the manufacturing industry and infrastructure sectors. Addtech has about 3,900 employees in more than 150 subsidiaries that operate under their own brands. The group has annual sales of over US$1.7 billion. Addtech is listed on Nasdaq Stockholm.
Our role in the transaction
Oaklins’ team in Denmark was engaged by the owners of BV Teknik as strategic and financial advisor in this transaction.
Peder Nørgaard
Co-CEO and co-owner, BV Teknik A/S
Talk to the deal team
Kim Harpøth Jespersen
Oaklins Beierholm
Related deals
Cibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn moreGramo has completed a mandatory public takeover bid for the shares of Deceuninck
Gramo BV has completed a mandatory public takeover bid for the shares of Deceuninck NV. The bid was launched after Gramo’s conversion of warrants increased its participation in Deceuninck above the 30% voting rights threshold, thereby triggering a mandatory takeover bid under Belgian takeover legislation. The transaction further strengthens the stability of Deceuninck’s shareholder base and supports the company’s long-term strategy focused on innovation, sustainability and operational excellence.
Learn moreGVS has completed a voluntary partial tender offer for its own shares
GVS S.p.A. has completed a voluntary partial public tender offer for 12.3% of its own share capital.
Learn more