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Announced

Industri Udvikling acquires 40% stake in Wila.

Synopsis

Industri Udvikling, a Danish-owned capital fund specializing in medium-sized Danish companies with significant growth potential, acquires a minority stake of 40% in Wila, a leading developer and manufacturer of high-tech solutions and components of stainless steel. Financial terms were not disclosed. The deal has been concluded with a view to strengthening Wila's growth journey. Lars Lauridsen, Wila CEO, retains the majority shareholding in the company. "With the new partner, we wish to continue our current work of professionalizing the company and constantly becoming better at what we do. We welcome having as skilled and growth-oriented a partner as Industri Udvikling in the ownership of Wila, it is a huge competence boost for us." Lars Lauridsen, Wila CEO.

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