AH Industries exit results in negative IRR for Ratos

Ratos relinquishes its 70% stake in a deal that gives the business an EV of DKK 240m for 100% of the business.

The GP said in a statement that the investment had produced a negative IRR and was expected to have no effect on Ratos' profits.

According to local media, the company has made a loss of around DKK 100m over the past five years.

Previous funding
Ratos acquired AH Industries through a €97m buyout in July 2007, taking a 70% stake. Three years later, the GP supported the DKK 325m EV bolt-on of Danish subcontractor RM Group for AH.

Company
Headquartered in Ribe, AH Industries is a subcontractor for the wind turbine, cement and minerals industries.

The business produces lifting and transport equipment, and processes metal and steel elements for use in several industries. It employs a staff of 370.

People
Ratos - Robin Molvin (investment director).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Exits
• Industrials
• Nordics
• Ratos Holding
• Denmark