February 28, 2020
Translink Corporate Finance announces of the acquisition by Exodraft A/S of 60% of the shares in Dansk Energi Service A/S. Schrøder TRANSLINK, Denmark, served as advisor to the acquirer.
Exodraft A/S is a world’s leading supplier of mechanical chimney exhaust solutions for industrial and residential clients as well as solutions for industrial heat recovery. Exodraft also supplies electro-static filters for the removal of flue smoke particles.
Exodraft is headquartered in Denmark with subsidiaries in France, Germany, Norway, Sweden and the UK, and the products are sold in 40 countries around the world.
Dansk Energi Service A/S is a supplier of burners and boilers for water, steam and hot oil. Dansk Energi Service’s clients are medium and large industrial firms.
Jørgen Andersen, CEO, Exodraft A/S, states: “The products and services offered by Dansk Energi Service form a natural extension to the current offerings by Exodraft and will support our turn-key strategy. The acquisition will strengthen our base in Denmark and our possibilities for continued growth abroad”.
Dansk Energi Service will continue as a stand-alone subsidiary to Exodraft.
The terms of the transaction are not disclosed.
Contact our Team Members advising in this transaction:
Translink Corporate Finance Denmark / Schrøder Translink, based in Copenhagen, is one of the leading M&A advisors in the Danish M&A market (SME segment). The 3 senior partners combined have participated in more than 200 transactions, many of which have been cross-boundary transactions. Before entering the M&A industry, all three partners have gained solid management experience, and in combination they possess deep industry insights across a number of industries.