Founded in 1994 by a group of investors from Denmark's largest financial and industrial institutions, Axcel is a Nordic private equity firm focusing on mid-market companies and has a broad base of both Danish and international investors.
Axcel’s mission is to build strong and valuable companies. Read more about Axcel’s companies, past and present.
Axcel invests in family-owned cooling specialist Nissens. Axcel is partnering with Nissens to generate further growth in the Danish-based cooling company, a leading international player in both the automotive aftermarket and the wind power and industrial markets.
Companies owned by Axcel
Founded in Denmark in 1921 and owned by the same family for four generations, Nissens develops, manufactures and supplies cooling solutions mainly for the automotive and wind power industries. The company has seen strong growth in all segments in recent years and is well-positioned for further expansion.
Danish Ship Finance
Danish Ship Finance – Danmarks Skibskredit A/S – is a Danish financial institution that issues loans to Danish and foreign shipowners secured against their vessels. The company's vision is to be the most recognised and stable provider of financing for reputable shipowners.
Frontmatec is a leading supplier of high-tech solutions to the global food industry, known for its advanced solutions and equipment for slaughterhouses spanning the entire value chain from classification of carcasses to slaughter lines, cutting and deboning lines, hygiene solutions and control systems, to logistics and packing.
LESSOR Group has been supplying efficient and flexible IT/software solutions for payroll management, attendance tracking, shift planning and HR to small, medium-sized and large businesses alike since 1972. Its solutions are marketed under two brands, LESSOR and Danløn, and used by more than 50,000 businesses in Denmark and 2,000 abroad.
Conscia supplies IT infrastructure solutions and 24/7 network, data centre and mobility support. In a few short years, Conscia has become one of the most important players in the market for large network solutions and won recognition as the strongest integrator of Cisco hardware.
EG is one of Scandinavia’s leading software and IT service providers with a strong position in the SME market. EG supplies ERP solutions, in-house software solutions and related services through five industry-specific divisions.
Mita-Teknik is a world-leading producer of control concepts for the wind turbine and other industries. The company offers a unique control concept for the wind turbine industry that can be tailored to the individual customer’s needs and spans the control, management and monitoring of components, turbines and entire wind farms alike.
Driconeq is a world-leading producer of drilling pipes and equipment for the mining and construction sectors, water wells and geothermal energy.
Delete Group supplies environmental services to the industrial, construction, real estate and public sectors in Finland, Sweden and the Baltic States. It has four divisions: industrial cleaning, heavy demolition, decontamination, and industrial and construction waste management and recycling.
Ball Group develops, markets and sells women’s fashions in the plus-size segment under the Zizzi brand. Zizzi has been leading the way in plus-size fashions since 2000 and is one of the Nordic region’s fastest-growing brands in the international plus-size segment with more than 100 concept stores in Northern Europe and the online platform zizzi.dk.
Annual Review 2016
Axcel made a profit of DKK 689 million on its investments in Axcel III and Axcel IV in 2016, a very satisfactory performance.
CSR at Axcel and our companies
Axcel believes in sustainability, not only economic but also human and environmental.