CORPORATE NEWS:
Change of ownership “positive” says DISA management
Following the divestment of DISA Holding AG by its parent company A P Møller-Mærsk Group, the senior manager of the specialist foundry and shot blast business has spoken in favour of the “positive influence on the company” arising from the change of ownership.
“It is good for us to get as strong an owner, with a long-term perspective, as Procuritas Capital Investors III, which is prepared to continue to support the company,” says Peter Sørensen, Chief Executive Officer of DISA. “The resources that our new owner can provide will give us the possibility to continue to improve our market position.”
All the shares in DISA Holding AG have been acquired by a consortium led by Procuritas Capital Investors III (PCI III) with DISA’s management team as joint owners. Procuritas Partners A/S – which advised PCI III in the transaction – was the pioneer of management buyouts in the Nordic region while PCI III is a private equity fund with capital of Euros 230 million which focuses on investment in mid-sized companies.
For its part, the new owners were impressed with the strength of the DISA brand name. Procuritas Senior Partner Lars Krogsgaard adds: “We see many opportunities to grow the company and it is our intention to do that based on a long-term strategy. We have the capital to entertain value-enhancing investments in DISA and we will build on the current strong order pipeline. We especially see the potential in the Asian market.”
Company: |
DISA Industrieanlagen GmbH |
Country: |
Germany |
Fax: |
+49 2331 965521 |
Email: |
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Website: |