Sale of Danish expert in designing and manufacturing special machinery
The shareholders of BV Teknik A/S have sold the company to Addtech.
BV Teknik, founded in 1981 and headquartered in Holstebro, Denmark, has gained an outstanding reputation in the industry for specialized machinery, and stands as a market leader in its niche, owing to long-standing relationships with loyal customers. The uniqueness of BV Teknik lies in its ability to conceptualize, design and execute bespoke automation solutions. Whether it is streamlining manufacturing processes, enhancing product quality or ensuring regulatory adherence, BV Teknik’s solutions are meticulously tailored to deliver tangible value at every stage of production. Many end users of BV Teknik’s specialized machines hail from blue-chip manufacturers in the automotive, pharmaceutical and plastic industries. These high-quality machines are precisely customized to meet the customers’ demands and unique requirements.
Addtech is a technical solutions group that provides technological and economic value-added in the link between manufacturers and customers. Addtech is active in selected niches in the market for advanced technology products and solutions. Its customers primarily operate in the manufacturing industry and infrastructure sectors. Addtech has about 3,900 employees in more than 150 subsidiaries that operate under their own brands. The group has annual sales of over US$1.7 billion. Addtech is listed on Nasdaq Stockholm.
Oaklins’ team in Denmark was engaged by the owners of BV Teknik as strategic and financial advisor in this transaction.
Peder Nørgaard
Co-CEO and co-owner, BV Teknik A/S
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