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September 2005
tombstone-2005-09-atrium-transaction-5

Acquisition of majority stake in Aalborg Industries by Altor

ATRIUM Partners advised Altor

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Description

Acquisition of majority stake in Aalborg Industries by Altor


Sector(s) : Industry and automotive
Date : September 2005
Advisor(s) : Atrium Partners
Advised : Buy Side

Mid-Capital partner ATRIUM Partners advised Altor


ATRIUM Partners acted as sole financial advisor to Altor in the agreed acquisition of Aalborg Industries with Axcel and FIH on the 29th of August 2005. LD continues as co-owner.

Altor sees high potential for a further development of Aalborg Industries’ presence in the ship building markets as well as an improvement of profitability through a continued effort within product development, standardisation and a special focus on after sales.


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