Erhvervsinvest I

Erhvervsinvest Management A/S is a private equity firm based in Charlottenlund, Denmark, founded in 2004. The firm specializes in investing in established small and medium-sized companies, particularly within the manufacturing and service sectors. Erhvervsinvest focuses on businesses with annual sales ranging from DKK 50 million to DKK 500 million and typically invests between DKK 3 million and DKK 20 million. The firm is particularly interested in opportunities involving ownership changes such as generational transitions, buyouts, and restructurings. Erhvervsinvest generally seeks a majority stake in its investments and prefers to have a seat on the board of directors, allowing it to contribute both capital and expertise to enhance company performance.

Kristian La Cour

Partner

Henrik Danmark

Partner

Morten Jagd

Senior Associate

Kasper Sandø Jensen

Investment Manager

Anne Kristine Jørsboe

Senior Associate

Thomas Marstrand

Managing Partner

Frederik Hein Riise

Investment Manager

Jesper Palm Westermann

Director

29 past transactions

Dykon

Acquisition in 2018
DYKON is the leading manufacture of duvets and pillows with down and feathers in Northern Europe. DYKON has one of the world’s most efficient and highly automated production facilities. This makes it profitable to produce duvets and pillows in Denmark. DYKON has its own EDFA certified laboratory to measure and test the quality of down and feathers. It is the largest and most advanced of its kind in Northern Europe. This ensures that all our raw materials comply with the strict standards and requirements we have set for our suppliers.

Robco Engineering

Acquisition in 2018
Robco Engineering A/S produces equipment and accessories of the production of twine, rope and cordage. Robco Engineering A/S is based in Saeby, Denmark.

GASA GROUP

Acquisition in 2017
GASA GROUP Denmark A/S is a prominent distributor of flowers and floral products in Europe, primarily based in Odense, Denmark. Founded in 2001, the company specializes in a diverse range of offerings, including pot plants, garden and bedding plants, Mediterranean plants, nursery stock, cut foliage, and Christmas trees. GASA GROUP serves various markets through wholesalers and retailers, including supermarkets, DIY chains, high-profile chains, and garden centers. The company emphasizes providing flexible solutions and quality products, ensuring that retailers receive an optimal mix of local and international plants. As a subsidiary of Dansk Landbrugs Grovvareselskab A.m.b.a., GASA GROUP is committed to delivering value from the initial cultivation to the final retail stage.

Bogballe

Acquisition in 2017
Bogballe A/S, established in 1977 and based in Uldum, Denmark, specializes in the manufacturing of fertilizer spreaders and farming machinery. As one of the world's leading manufacturers in this sector, the company focuses on developing advanced technologies for the precise and reliable spreading of mineral fertilizers and salts in agricultural applications. Bogballe A/S is a family-owned business, now in its fourth generation, which upholds traditional values while integrating high-tech production and testing facilities into its operations. The company boasts one of Europe's largest and most advanced testing halls, ensuring that its products meet the highest standards of performance and efficiency.

Randers Reb

Acquisition in 2017
Randers Reb is manufactures and sells steel wire ropes and fiber ropes. It provides trawl wires and purse seine lines, compacted steel wire ropes, combination ropes (taifun), seine net ropes, ropes and cordage, and iron fittings to the fishing industry. The company also offers playground ropes for playground manufacturers; combination ropes that are used for climbers in playgrounds, amusement parks, etc.; and paper ropes for braided chair seats and backrests.

Agrometer

Acquisition in 2016
Agrometer is a company that specializes in engineering and manufacturing pumping equipment. It produces a range of products, including self-propelled irrigation machines, slurry distributors, mobile pump units, and various types of pumps designed for slurry, sludge, bilge, and sewage. The company serves multiple sectors, including agriculture, industry, and marine, providing essential equipment to meet the diverse needs of these markets.

Gaming A / S

Acquisition in 2016
Gaming A/S operates the online gambling enterprise Spillehallen.dk and manufactures gaming machines. The company was created in 2010 through the merger of Compu-Game and Dansk Automat Expert, and has secondary premises in Esbjerg.

Fletco Carpets

Acquisition in 2016
Fletco Carpets A/S, established in 1947 and headquartered in Bording, Denmark, specializes in the manufacture of woven carpets and carpet tiles for both domestic and commercial markets. The company primarily serves the professional sector, supplying products for offices, hotels, and retail spaces. Fletco Carpets is recognized for its innovative designs, having collaborated with notable designers such as Sebastian Wrong and Philippe Starck, and has received multiple international awards for its contributions to carpet design. Their product range includes eco-friendly options made from polyamide and polypropylene, allowing consumers to enhance their interiors while maintaining competitive pricing.

European Freeze Dry

Acquisition in 2015
European Freeze Dry is a producer and supplier of freeze-dried products based in Lille Karleby, Denmark. Established in 1964, the company specializes in freeze-drying services for a variety of industries, including the production of ready-made meals and bacterial cultures. European Freeze Dry offers a range of nutritious and flavorful freeze-dried foods, both under its own brand and as raw materials for other businesses. With a commitment to innovation, the company continually explores new applications for freeze drying, leveraging its extensive knowledge and experience in the field to meet diverse customer needs.

Samsø Syltefabrik

Acquisition in 2015
Samsø Syltefabrik provides pickles and preserves brand. Samsø Syltefabrik is the Danish supplier of pickles and preserves that meets the increased market demand for traditional and locally-based pickling products through its strong market position and brand story.

PCH Engineering

Acquisition in 2015
PCH Engineering A/S manufactures vibration monitoring equipment. It offers permanent vibration and condition monitoring equipment that include monitors and systems. The company’s products include vibration monitors and a range of portable vibration meters; a range of industrial vibration transducers covering a range of industrial applications; and accelerometers, velocity sensor, proximity probes, cables, and mounting hardware products. PCH Engineering A/S was incorporated in 1998 and is based in Hørsholm, Denmark.

LogoPaint

Acquisition in 2015
LogoPaint supplies 3D Signs, displaying sponsor logos in high impact format using patented technology to sports events worldwide.

Amayse

Acquisition in 2015
Amayse is a supplier of 3D CamCarpets (3D signage) for sporting events including the domestic league and all matches in the German Bundesliga.

Gertsen & Olufsen

Acquisition in 2014
Gertsen & Olufsen develops, produces, and distributes products for shipping operators and builders in the maritime and offshore market. It offers bioreactors, vibration compensators, water in oil monitors, and atlas incinerators. The company also supplies bridge equipment, engine room products, water treatment products, safety of sea products, sanitary/discharge products, propulsion machinery, wireless systems, tools, and small craft equipment, as well as consulting services for the maritime and offshore market; and diesel engines, diesel generators, gearkassers, foldepropels, and water makers, as well as chargers, inverters, and UPS for the yachting market.

Scanbur

Acquisition in 2014
Scanbur A/S is a manufacturer and supplier of equipment and consumables for the laboratory animal industry, focusing on animal research. Established in 1975 and headquartered in Copenhagen, Denmark, the company offers a wide range of products that include housing and ventilation systems, biosafety cabinets, washing machines, and various accessories designed for animal care and research environments. Additionally, Scanbur provides automation solutions, logistical equipment, and consumables such as bedding and diets. The company serves laboratories, biomedical universities, and pharmaceutical companies, enabling them to conduct reliable research programs. With a presence in Denmark, Sweden, Norway, and Finland, Scanbur continues to support advancements in animal research through its specialized offerings.

ProDesign International

Acquisition in 2012
ProDesign International A/S specializes in the design and manufacture of eyewear frames. Founded in 1973 and headquartered in Aarhus, Denmark, the company has established a distribution and sales network that includes suppliers and eyewear retailers both in Denmark and internationally. In addition to its traditional sales channels, ProDesign International also offers its products through online platforms. The company maintains additional offices in key locations such as Hamburg, Bilbao, Lille, Leeds, and San Francisco.

Damolin

Acquisition in 2010
Damolin extracts and processes minerals into products with a wide range of applications such as absorption of oil and chemical spills.

TRESU A/S

Acquisition in 2010
TRESU Group is a highly specialised company offering flexible, customized solutions of flexo printing machines and ancillary products for flexo and offset printing. We have over 35 years’ expertise in the development and production of engineered solutions for the package print converter, and with more than 95% of our production being exported, TRESU Group is a global player on the world market. Our success is driven by our people and their unrelenting focus on delivering results the right way.

Epoke

Acquisition in 2010
Epoke develops, manufactures and sells anti-inflammatory machinery and equipment. The company has achieved a position as the leading manufacturer in Denmark through the close relationships with customers and stakeholders in the field of anti-slip control, which results from several years of product development in response to and in cooperation with the customer.

Mejerigaarden

Acquisition in 2008
Premier Is - Mejerigaarden manufactures ice cream.

Riegens

Acquisition in 2007
Riegens A/S is a manufacturer of lighting products based in Odense, Denmark, with additional sales offices in Norway, Great Britain, Sweden, Finland, and Germany. Founded in 1956, the company specializes in designing and producing a wide range of lighting solutions, including LEDs and various types of indoor lighting such as suspended, surface, wall, pendant, industry, recessed, and downlight fixtures. Riegens also offers outdoor lighting options, including post, wall, and bollard lights, as well as human-centric and energy-efficient lighting systems. Their products cater to diverse sectors such as education, healthcare, industry, office, retail, and outdoor applications. As of October 2015, Riegens operates as a subsidiary of SG Armaturen AS.

Handler

Acquisition in 2007
Handler is the production of storage machines, storage shelves and inventory for storage space.

Hurup Møbelfabrik

Acquisition in 2007
Hurup Møbelfabrik A/S is a Danish company specializing in the manufacture and marketing of office furniture. Established in 1959, the company operates from its facility in Hurup Thy, Denmark, a region known for its scenic beauty. Hurup Møbelfabrik focuses on producing high-quality furniture that caters to the needs of modern office environments.

Haslev Møbelsnedkeri

Acquisition in 2007
Haslev Møbelsnedkeri produces coffee and dining tables in solid beech, oak, and cherry in Denmark.

Elite Gaming

Acquisition in 2006
Elite Gaming A/S, established in 1997 and located in Tilst, Denmark, specializes in the manufacture, operation, and provision of gaming machines for amusement arcades. The company focuses on digital gaming machines, particularly slot machines, catering to the entertainment sector. As of December 2012, it operates as a subsidiary of Danske Spil A/S, enhancing its position in the gaming industry.

Krøger A/S

Acquisition in 2005
Krøger A/S is the manufacturing of high-quality joint guns for the professional segment.

Roshield

Acquisition in 2005
Roshield is offers development, design, production and sale of ballistic protection.

Ellepot

Acquisition in 2005
Ellepot A/S is a Danish company that specializes in the development and manufacture of customized machines and products for the horticulture industry. Founded in 1989 and based in Esbjerg, Denmark, Ellepot produces specially designed papers, propagation trays, and spare parts to support environmentally friendly growing practices. The company's offerings cater to various applications, including forestry, pot and bedding plants, landscaping, as well as vegetables, fruits, and nuts. In addition to its product line, Ellepot provides installation and training services to ensure effective use of its equipment. With a global customer base, Ellepot also operates sales companies in China and Brazil, further expanding its reach in the horticultural market. The company was previously known as Ellegaard A/S before rebranding in October 2016.

Vikima Seed

Acquisition in 2004
Vikima Seed produces, sells, and markets vegetable-and herb, and flower seeds for the professional market worldwide.
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