Press releases

  • 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