Announced
Synopsis
Dansk Ejerkapital, a private equity fund, agreed to acquire Østergaard Entreprise, a heating pipes installation services provider. Financial terms were not disclosed. "We are very much looking forward to the collaboration with Dansk Ejerkapital. Their sparring and expertise will be a great advantage when it comes to Østergaard Entreprise's continued development. At the same time, it has been important to us that their approach as a minority investor means that we retain our spirit and focus on the core business in Denmark. We will continue our work to be one of Denmark's leading providers of district heating installation, and this is ensured with the new collaboration," Brian Kirkegård Buelund Jensen, Østergaard Entreprise Managing Director.
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