Announced
Completed
Financials
Sources
Tags
Renewable Energy Equipment
Denmark
electrical panels
Poland
Acquisition
Cross Border
Majority
Private
Single Bidder
Friendly
Private Equity
Completed
Synopsis
Axcel, a private equity firm, completed the acquisition of tic elkas, and Eegholm, a provider of electric control and power distribution panels and related services. Financial terms were not disclosed. "We see great potential in a Northern European consolidation of the electric panel market, which today consists of a lot of small businesses," Lars Cordt, Axcel Partner.
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