Industri Udvikling

Industri Udvikling A/S is a private equity firm established in 1994, based in Copenhagen, Denmark. The firm specializes in investments in small and medium-sized Danish manufacturing companies, focusing on growth capital and subordinated loans. It typically invests between DKK 5 million and DKK 40 million in companies with annual turnovers ranging from DKK 75 million to DKK 400 million. Industri Udvikling seeks to acquire a minority stake, generally between 25% and 50%, while also considering partnerships with other investors. The firm engages actively in the development of its portfolio companies by participating in Supervisory Board meetings and maintaining regular contact with management. It does not invest in seed, startup, or turnaround stage companies, instead aiming to facilitate ownership changes and succession planning within its targeted sectors, which include consumer goods, industrial, and transport.

Frederik E. Aackermann

Partner

Lars Blavnsfeldt

Partner and Advisor

Sune F. Diernaes

Investment Manager

Sune Fraes Diernæs

Investment Manager

Lene K. Ellgaard

Chief Financial Officer

Dan Højgaard-Jensen

Managing Partner

Dan Højgaard Jensen

Managing Partner and Managing Director

Ronnie Moller-Thorsoe

Partner

Past deals in Copenhagen

Glenco A/S

Acquisition in 2007
Glenco A/S is a service company providing services within plumbing, ventilation and electricity. Immediately after the acquisition, the company was split up into two different companies: what should be called Intego, who worked with electricity, and the new Glenco who worked with plumbing and ventilation.