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
Thrive Freeze Dry has successfully sealed the acquisition deal with Paradiesfrucht GmbH
Paradiesfrucht GmbH, a gobal freeze dryer of fruits, fruit preparations, drops, powders and granulates, has been acquired by Thrive Freeze Dry (Thrive), a portfolio company of Entrepreneurial Equity Partners (e2p) and Mubadala Capital. The transaction is expected to close in 2024, subject to customary closing conditions, including antitrust approval.
Learn morePerkbox has been acquired by Great Hill Partners
Molten Ventures has sold Perkbox to Great Hill Partners.
Learn moreArculus Cyber Security has been acquired by Bridewell
The shareholders of Arculus Cyber Security (Arculus) have sold the business to Bridewell. The deal will bolster Bridewell’s growing roster of accreditations as well as strengthen its public sector footprint, enabling the expansion of its end-to-end cyber security offering for clients across the globe.
Learn more