News. 12/12/17

Procuritas sells Gram Equipment

Gram Equipment is a global market leader in advanced process equipment for the consumer ice cream industry’s largest producers.

The 116-year-old Danish company, Gram Equipment, in Kolding, has been sold by Procuritas Capital Investors IV (“PCI IV”) to FSN Capital. Over the last three years, Gram Equipment has achieved excellent growth rates of 15 percent annually, primarily through international expansion. FSN Capital and PCI IV have signed an agreement that sees FSN Capital acquiring the entire PCI IV majority shareholding in Gram Equipment.

PCI IV acquired Gram in 2010. Gram Equipment CEO, Lasse Viegand Hansen, is satisfied with the development during the PCI IV ownership, which has created a solid base for further growth:

“With Procuritas, we integrated the acquisition of WCB Ice Cream and turned Gram Equipment into a global leader in its field. We’ve enjoyed several years of solid growth together with Procuritas. Now we’re looking forward to the next phase and continued growth. “

Procuritas are content to hand over a growing company to the new owners:

“We’ve had seven good years with Gram Equipment and together with management have created a company with a strong strategic base, evidenced by the fact that revenue has almost quadrupled under our ownership. We’d like to thank all employees for a very rewarding collaboration. For Procuritas, Denmark is a priority market, and we look forward to making further investments in market-leading Danish companies,” says Tomas Théren, Managing Partner Procuritas.

Currently, Gram Equipment has more than 350 employees and is headquartered in Kolding. The company had revenues of 82 million EUR in 2016 and forecasts a turnover of 110 million EUR in 2017.

For further information, please contact:

Tomas Therén, Managing Partner
Procuritas Partners AB, as advisor to PCI IV
Phone: +46 733 25 45 02
Email: tomas.theren@procuritas.com

More news.

07/06/22

Procuritas partners with We Select

Procuritas Capital Investors (“Procuritas”) is pleased to announce that it has acquired a majority stake in We Select, a fast-growing digital talent acquisition platform on social media. Key management will retain significant ownership of the company after the transaction. We Select was founded in 2011 as a traditional recruitment services company. After launching its digital...

28/04/22

Procuritas partners with Nordic Biomarker

Procuritas Capital Investors (“Procuritas”) is pleased to announce that it has taken a majority stake in Nordic Biomarker, a fast-growing Swedish supplier of advanced reagents for IVD coagulation analyzers with a clear sustainability-driven purpose.   Nordic Biomarker was founded in 2007 to meet market demand for an independent OEM-supplier of high-quality reagents for coagulation analyzers. The...

13/04/22

Werksta embarks on a new stage of its growth journey with investment from Procuritas, LGT Capital Partners and Puskala Invest

Procuritas Capital Investors, LGT Capital Partners and Puskala Invest have agreed to acquire Werksta Nordic AB, the leading independent car damage repair chain in the Nordics, in a transaction where the majority selling party is Procuritas Capital Investors V fund. Key management will reinvest and retain significant ownership of the company after the transaction. Werksta...