Monday, April 23, 2018
Axcel acquires Orion Diagnostica
Axcel has acquired Finnish company Orion Diagnostica Oy (“Orion Diagnostica”), a leading player in the attractive point-of-care (POC) diagnostics market with a large portfolio of high-quality products. Together with Orion Diagnostica’s management team, Axcel intends to continue building on the company’s strong market position and sees a number of attractive opportunities to expand geographically and extend the product offering.
Wednesday, April 4, 2018
Axcel’s fifth fund closes at EUR 617 million
Axcel has raised its fifth fund with total commitments at its hard-cap of EUR 617 million. Axcel V has received major support from both existing investors and a diversified group of new investors from the Nordic countries, the rest of Europe and the US.
Tuesday, March 20, 2018
Axcel sells Driconeq to Irish engineering group Mincon Group PLC
Driconeq is a producer of drilling equipment for mining, water well drilling, construction and mineral extraction. In 2017, Driconeq posted revenue of approximately SEK 250 million with 120 employees in Sweden, South Africa and Australia.
Friday, March 2, 2018
Axcel sells Lessor to US company Paychex
After 17 months’ intensive ownership, Axcel has sold payroll specialist and HCM software Lessor to US company Paychex (Nasdaq: PAYX), a leading provider of integrated human capital management solutions for small- to medium-sized businesses.
Friday, February 2, 2018
Axcel partners with family behind Swedish make-up brand IsaDora
Axcel invests in IsaDora, one of the Nordic region’s leading cosmetics brands with production and headquarters in Sweden, and additional production facilities in Switzerland and a presence in more than 40 markets. Owned and run by founder Ingvar Vigstrand and the family since 1983, it is a well-run business with considerable growth potential.
Monday, January 22, 2018
Lars Rebien Sørensen new chairman of Axcel’s Advisory Board; Niels B. Christiansen steps down after 12 years
Following his appointment as CEO of LEGO, Niels B. Christiansen has been looking to have fewer external commitments and is therefore stepping down from Axcel’s Advisory Board after 12 years, the last seven as chairman. His successor is Lars Rebien Sørensen, CEO of Novo Nordisk until the end of 2016.
Thursday, November 23, 2017
Frontmatec to invest in China
Frontmatec has entered into an agreement to acquire Jining Xinglong Food Machinery Manufacturing Co., Ltd. (“Xinglong”), a leading supplier of equipment to the red meat industry in China. The transaction will provide Frontmatec with market access in China and in addition a local production setup dedicated for the Chinese market. Furthermore, Xinglong will benefit from transfer of advanced technology from Frontmatec.
Tuesday, October 31, 2017
Axcel teams up with family behind world-leading producer of accessories for pick-up trucks
Axcel is partnering with the owners of Danish company Mountain Top Industries, one of the world’s leading produc-ers of pick-up accessories. The company has grown rapidly in recent years and has brought Axcel on board to support its continued expansion and entry into new markets. Mountain Top is currently owned by Marie-Louise and Lars Bjerg, who will remain both shareholders and board members.
Wednesday, May 24, 2017
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. Previous owner Alan Nissen will stay on the board and remain a significant co-investor.
Tuesday, May 2, 2017
New owners for the world’s leading manufacturer of stunning tools
FRONTMATEC, the leading global supplier of customized equipment, solutions and software for the red meat industry has entered into an agreement to acquire the world leading manufacture of captive bolt stunning tools, Accles & Shelvoke Ltd.
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.
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 - COMPANY ANNOUNCEMENT
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.
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