VækstPartner Kapital and founders and management sell CIM Industrial Systems to XANO
VækstPartner Kapital and the founders and management of the leading pharma/industry 4.0 production software specialist CIM Industrial Systems A/S have sold the company to the listed Swedish group XANO Industri AB.
CIM is a leading production software specialist. Based on its own software products and frameworks, CIM provides end-to-end production software solutions within industrial IoT, track & trace/serialization, machine vision and test & measurement, as well as related custom work. CIM’s solutions enable their customers to make business-critical decisions based on reliable data. Customers include blue-chip pharmaceutical and infrastructure companies. CIM has approximately 50 employees. Sales totaled US$9.3 million in 2020. The company is in an expanding phase and expects a growth of around 15% in 2021, related to both existing and new market segments.
XANO develops, acquires and operates niche engineering companies offering manufacturing and development services for industrial products and automation equipment. The group’s operations are divided into three business units and are represented in the Nordic countries, Estonia, the Netherlands, Poland, China and the US. Consolidated revenue totals over US$326 million and the number of employees is approximately 1,200. XANO has been listed on the Stockholm Stock Exchange since 1988.
Oaklins’ team in Denmark acted as the exclusive sell-side advisor.
Michel Seidelin
CEO, CIM Industrial Systems
Talk to the deal team
Kim Harpøth Jespersen
Oaklins Beierholm
Related deals
Sun European Partners has secured financing to support its acquisition of B&H Worldwide
Sun European Partners has raised debt facilities to support its acquisition of B&H Worldwide.
Learn moreDolmans Landscaping Group has welcomed Foreman Capital as a new shareholder to support further growth
Dolmans Landscaping Group, a leading full-service provider of landscaping services, has welcomed Foreman Capital as a new shareholder. By partnering with Foreman Capital, which has extensive experience in building stronger companies in the maintenance of public spaces, Dolmans can accelerate its growth trajectory across core verticals and further professionalize the business.
Learn moreGroupe JVS has acquired Abelium Collectivités
Groupe JVS has acquired Abelium Collectivités, which was subsequently rebranded as Familea. The transaction, supported by CAPZA as a minority shareholder and Bpifrance, strengthens Groupe JVS’s strategy in the childcare and family services sector while expanding its offering to local public sector stakeholders.
Learn more