Service
Sell-side
Industry
Heating and ventilation equipment
Deal value
DKK 164m
Advised Dantherm in the sale of Dantherm’s HVAC business to Procuritas
Founded in 1958, Dantherm is a Danish manufacturer of heating and ventilation equipment. The company is focused on two segments, HVAC and Telecom. The HVAC segment includes equipment for ventilation, dehumidification and mobile heating and cooling, while the Telecom segment includes electronic cooling systems for the telecom network
Procuritas is a Swedish private equity firm focusing on mid-sized businesses in the Nordics
The transaction includes c. 240 employees, state-of-the-art production facilities in Skive, Denmark and revenues of c. DKK 310m as of 2015. Under the new ownership, Dantherm’s HVAC business will participate in an industry consolidation to become a leading player in the European HVAC market
*Completed by the HCN Partners team when employed at Handelsbanken