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Friday, April 7, 2017
Axcel off to a good start with its fifth fund
Axcel began raising Axcel V in Q4 2016 and has completed a first closing with commitments of EUR 352 million. Axcel V has received support from existing and new investors, achieving approximately 65% of the fund’s target of EUR 550 million.
Wednesday, September 28, 2016
PFA, PKA and Axcel acquire Danish Ship Finance
PFA, PKA and Axcel have agreed to invest up to DKK 4.25 billion in Danish Ship Finance’s A shares, thus securing a Danish ownership solution to further the company’s strong progress.
Tuesday, July 12, 2016
Axcel creates global market leader in high-tech equipment for the global slaughter industry
Axcel is to invest in SFK LEBLANC, Attec, ITEC and Carometec, merging the four companies into an effective leading global player in the rapidly growing market for high-tech slaughter equipment. The merged company will have total revenue of around DKK 1.1 billion and 740 employees.
Friday, June 24, 2016
Axcel sells EXHAUSTO to French group Aldes
French family-owned ventilation group Aldes is buying EXHAUSTO from its owners Axcel and VKR Holding.
Monday, June 13, 2016
Successful listing of Nordic Waterproofing in Stockholm
At the listing on Friday 10 June, Nordic Waterproofing offered for sale 69% of its shares and, at a share price of 71, the market value of the roofing company is now almost SEK 1.7 billion. There was great interest in the share, which was significantly oversubscribed.
Wednesday, June 8, 2016
New partners at Axcel
As part of the preparations for raising Axcel's fund V, Thomas Blomqvist has been appointed new partner at Axcel in Stockholm, and in Copenhagen Lars Cordt is promoted partner. As previously announced, Axcel V will be led by new Managing Partner Christian Schmidt-Jacobsen, with Christian Frigast as chairman of the management Company.
Friday, June 3, 2016
Axcel sells Netel to IK Investment Partners
Since Axcel joined the group of owners, Netel has more than tripled its revenue, from SEK 0.5bn to SEK 1.5bn, and today it is a leading service provider within the rollout and maintenance of telecom, broadband and electrical networks in the Nordic and Baltic regions. With IK Investment Partners as its new principal shareholder, Netel will continue to expand
Monday, May 30, 2016
Nordic Waterproofing announced its initial public offering on Nasdaq Stockholm and prospectus in connection therewith.
Nordic Waterproofing Holding A/S (“Nordic Waterproofing” or the “Company”) and the owners of the Company have decided to diversify the shareholder base by a sale of existing shares (the “Offering”). The board of directors of Nordic Waterproofing has therefore applied for the Company’s shares to be listed on Nasdaq Stockholm. Today, the Company publishes its prospectus and announces other terms and conditions for the Offering. The first day of trading is expected to be 10 June 2016.
Thursday, March 31, 2016
Axcel invests in family-owned payroll specialist LESSOR
Axcel is to buy the LESSOR Group, a specialist in IT-based payroll and HR systems through its two brands LESSOR and Danløn. Axcel will continue to pursue the growth plan that has helped the LESSOR Group to acquire a leading position in the market for payroll systems for private companies.
Thursday, February 4, 2016
ELECTRONICS COMPANY BB ELECTRONICS SOLD TO MANAGEMENT
Following major operational improvements at BB Electronics, Axcel has concluded an agreement to sell the company to an investor group comprising representatives of management and the Board of Directors. This will create a strong platform for future operations.
Tuesday, December 15, 2015
AXCEL SELLS KITCHEN BUSINESS TCM GROUP TO PRIVATE EQUITY FIRM IK INVESTMENT PARTNERS
Following significant operational improvements in TCM Group, one of Scandinavia’s leading kitchen manufacturers, Axcel has reached an agreement to sell the company to funds advised by IK Investment Partners. Under Axcel’s ownership, TCM Group has developed into one of Europe's most profitable kitchen producers.
Tuesday, December 1, 2015
CHRISTIAN SCHMIDT-JACOBSEN TO START AT AXCEL, INVESTMENT PERIOD FOR AXCEL IV EXTENDED
Christian Schmidt-Jacobsen will start at Axcel shortly as co-managing partner, where he will work closely alongside managing partner Christian Frigast during a transition period. Axcel IV, which has completed nine investments and one exit as one of the top Nordic funds of its vintage, still needs to make two to three further investments to be fully invested.
Thursday, October 15, 2015
AXCEL JOINS GLOBAL PRIVATE EQUITY NETWORK
Axcel has joined with a number of other mid-market PE firms in Europe and the USA to establish a private equity network, thereby strengthening its ambition to work more internationally. The purpose of the Alliance for Global Growth (AFGG) is the sharing of knowledge and best practices between the participating firms.
Tuesday, September 29, 2015
AXCEL SUPPORTS EG'S ACQUISITION OF SILKEBORG DATA
Axcel, majority shareholder of both EG and Silkeborg Data, supports EG's acquisition of Silkeborg Data. The combination of EG's existing public business and Silkeborg Data creates a strong and strategic player in the market for digital solutions for the public sector.
Thursday, July 9, 2015
NEW CFO AT AXCEL
Axcel has recruited Peter Nyegaard, previously a senior executive at Nordea, as its new CFO and partner. He will take over from Lars Thomassen, who has decided to leave Axcel after 13 years.
Thursday, June 11, 2015
NEW MANAGING PARTNER AT AXCEL
Axcel has appointed Christian Schmidt-Jacobsen, currently CFO at Icopal, as its new Managing Partner. He will replace Christian Frigast, who will continue as working chairman of the board of the management company and as chairman of Axcel’s investment committee.
Thursday, May 28, 2015
AXCEL INVESTS IN CONSCIA
Axcel has agreed to acquire a majority stake in IT company Conscia, which supplies and services business-critical IT infrastructure, from a consortium of shareholders that includes Via Venture Partners. Management will continue to hold a significant part of the company’s shares.
Monday, March 9, 2015
AXCEL SELLS LGT LOGISTICS, THE NORDIC LEADER IN FURNITURE LOGISTICS, TO LITORINA
LGT Logistics is the Nordic leader in furniture logistics with annual revenue in excess of SEK 700 million and offers solutions including warehousing, consolidation and distribution of furniture both within and to/from the Nordic region.
Tuesday, December 9, 2014
SALE OF PANDORA SHARES
Axcel III has today concluded the final sell down of its shareholding in PANDORA through an accelerated book building at a share price of DKK 520 corresponding to a total gross value of DKK 2.4bn. at a discount of 1.9% to the market price.
Wednesday, December 12, 2012
AXCEL SELLS ROYAL COPENHAGEN
Axcel has sold Royal Copenhagen to the Finnish listed company Fiskars. With sales of around DKK 5.5 billion, Fiskars is one of the leading global producers of quality products for the home, garden and outdoors.
Monday, November 5, 2012
AXCEL SELLS GEORG JENSEN
Axcel sells jewellery, watch and design company Georg Jensen to Investcorp.
Thursday, June 14, 2012
AXCEL IN STRATEGIC COLLABORATION WITH LEADING CHINESE INVESTMENT COMPANY FOSUN
China’s leading investment company Fosun International Ltd (Fosun) and Denmark’s leading private equity fund Axcel has announced a strategic collaboration. The agreement will be signed in connection with President Hu Jintao’s official State visit to Denmark in mid-june 2012.
Thursday, March 1, 2012
PANDORA PULLS DOWN AXCEL’S INVESTMENT RESULT FOR 2011 BUT THREE GOOD EXITS RETURN MORE THAN DKK 1.4BN TO INVESTORS
Axcel's performance in 2011 was hit by the fall in PANDORA's share price, which led to a net investment loss of almost DKK 7bn. Excluding PANDORA, there was an investment profit of almost DKK 100 million, giving a return on invested capital of around 4%. By way of comparison, the Copenhagen Stock Exchange's OMXC20 blue-chip index fell 15% over the year. Dividend income and the sale of three companies at the beginning of 2011 enabled Axcel to pay out more than DKK 1.4bn to investors. In isolation, the recovery in PANDORA's share price from the beginning of 2012 restored more than DKK 500m to the value of Axcel’s holding during the first two months of the year.
Wednesday, February 22, 2012
NORDIC WATERPROOFING EXPANDS ITS GEOGRAPHICAL PLATFORM AND INVESTS IN NORTETT BYGG AND WULVA
Nordic Waterproofing, one of the Nordic region’s largest roofing producers with annual sales of EUR 170 million, further expands its operations and is now represented in four Nordic countries.
Wednesday, February 1, 2012
MITA-TEKNIK PARTNERS WITH AXCEL
The Andersen family has entered into an agreement with Axcel on the transfer of a majority stake in Mita-Teknik, which supplies control systems to the wind turbine industry and other industries. Brothers Jesper and Thomas Andersen will continue as CEO and CTO and will retain significant shareholdings.
Sunday, January 29, 2012
AXCEL EXPANDS ITS TEAM
Axcel brings JP/Politiken’s Lars Munch onto its industrial board in Denmark and strengthens its team in Sweden with the recruitment of new partner Lars Österberg.
Wednesday, July 13, 2011
AXCEL RAISES DENMARK’S BIGGEST-EVER FUND
Axcel has now raised Axcel IV, which at DKK 3.6bn will be Denmark’s biggest-ever private equity fund. Axcel IV has broad backing from previous investors and has also received commitments from a number of new foreign investors, and Danish business investors and family funds.
Friday, June 3, 2011
AXCEL TO BUY CIMBRIA
Axcel to buy Cimbria ‒ one of the world’s leading producers of equipment for the processing, handling and storage of crops
Monday, April 18, 2011
ANNOUNCEMENT FROM AXCEL ON BEHALF OF PROMETHEUS INVEST
Following PANDORAs update on financial expectations for 2011 - released this morning to the market - Axcel, on behalf of the majority shareholder in PANDORA (Prometheus Invest), has noted that there has been speculation with respect to its position as a long term shareholder.
Monday, April 11, 2011
AXCEL FUNDS REPORT INVESTMENT RETURN OF DKK 11.5 BN
2010 was in many ways Axcel's best year yet – with the IPO of PANDORA, establishment of Axcel IV and preparation