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New Deal


Announced

Completed

Lagercrantz completed the acquisition of a 95% stake in PcP from Maj Invest for $50m.

Financials

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Transaction Value£40m
Consideration TypeCash
Capital Owned-
Capital Bid For95%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Majority

Cross Border

Completed

Denmark

safety

Building Materials: Other

Acquisition

Single Bidder

Private Equity

Friendly

Synopsis

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Lagercrantz, a technology group, completed the acquisition of a 95% stake in PcP, a designer and producer of bespoke safety solutions within gratings, scaffolding, and handrails, from Maj Invest, an asset management company, for $50m. ”We are pleased to welcome PcP to Lagercrantz. PcP will further strengthen our TecSec division with its innovative safety solutions. We see great potential in PcP and we look forward to continuing to develop and grow the company together with John Nielsen and his experienced team.,” Jörgen Wigh, Lagercrantz President and CEO.

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