Kwintet

Kwintet

Axcel invested in Kwintet, a workwear producer, in 1999 in partnership with a number of co-investors, including Lønmodtagernes Dyrtidsfond and Wenaas Holding. Kwintet was then sold in 2005 to the private equity fund IndustriKapital. The company's turnover increased from DKK 1.9 billion to DKK 2.9 billion under Axcel's ownership, making it Europe's leading supplier of workwear, a position achieved by such measures as streamlining the company's purchasing from Eastern Europe and Asia.

Kwintet

Headquarters
Denmark
Axcel’s investment
16-01-1999