News. 08/06/17

Procuritas Capital Investors VI invests in A/S Dybvad Stålindustri

Procuritas Capital Investors VI invests in A/S Dybvad Stålindustri (“DSI”), the global leading manufacturer of high quality plate freezers.

DSI is based in Dybvad outside Aalborg in Denmark and serves a global customer base. The company is the global leader in developing and manufacturing plate freezers. These freezers are used to rapidly freeze fish, animal feed, meat, juice, etc. in wide blocks, which can then be stored or transported easily. DSI is particularly strong in supplying plate freezers with horizontal feeding systems to large fish trawlers, enabling the fishermen to keep the fish fresh and easily stored during their time at sea.

The current management team has skillfully led DSI for 20+ years, ensuring steady revenue development, satisfied customers and strong profitability. They will continue to manage the business as significant minority shareholders going forward. An ambitious plan focusing on organic growth, product innovation and customer service has been developed, and the organisation will be strengthened further in order to achieve this.

Thomas Møller, CEO at DSI, remarks – “Our strong company culture, relentless focus on quality and customer service has been the foundation of our success to date. Partnering with Procuritas means that we will get a strong and professional partner that shares our values and helps us take this business to the next level.”

Oskar Lindholm, Director at Procuritas, adds – “In DSI we have found a successful global niche market leader with product and technology leadership, this is the type of company and investment that Procuritas has specialised in over the years. We are honored and enthusiastic to partner up with the team at DSI and support them in their future success.”

Tomas Therén, Partner at Procuritas, continues – “We are impressed by the impeccable quality of the DSI plate freezers. The highly automated production plant and quality processes leave little room for error, and relentless focus has enabled DSI to be widely regarded as the most reliable and trusted brand in the industry. This is critical when, for example, the freezers are used onboard ships which are often out at sea for months at a time. This is a great first investment for our new fund.”

For further information, please contact: Oskar Lindholm, Director, Procuritas Capital Investors VI Holding AB +46 8 506 143 00 Tomas Therén, Partner, Procuritas Capital Investors VI Holding AB +46 8 506 143 00 Thomas Møller, CEO, A/S Dybvad Stålindstri +45 98 86 42 99 About A/S Dybvad Industristål (DSI) DSI is a global leader in plate freezers used for rapidly freezing e.g. fish, meat, animal feed, and juices. Headquartered in Dybvad, Denmark with a highly automated production facility the company employs about 60 people. About PCI VI Procuritas Capital Investors VI (“PCI VI”) is a private equity fund focusing on mid-sized companies in the Nordic region. PCI VI launched in 2017, with ca. MEUR 318 in committed capital. With a passion for business, extensive industrial experience and more than thirty years’ track record covering a large variety of transactions, Procuritas has supported over 40 companies with the aim to accelerate their growth and realise their true business potential. DSI marks the first investment made by PCI VI.

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