Erhvervsinvest buys Arminox

Erhvervsinvest drew capital for the transaction from its fourth buyout fund, which closed on DKK 1.45bn in 2017 and had made four investments prior to the Arminox deal.

The company will focus on expanding its international presence under Erhvervsinvest’s ownership.

Company
Arminox was founded in 1950 and is headquartered in Mønsted, close to Viborg, where 24 of its 31 employees work. It also has subsidiaries in Dubai and Canada. The company provides stainless reinforcement steel to large infrastructure projects; it notably supplied stainless reinforcement steel to the Shenzen Western Corridor in Hong Kong that connects Hong Kong and China and a 6-track highway between Abu Dhabi and the mainland of the United Arab Emirates.

People
Erhvervsinvest – Thomas Marstrand (managing partner).
Arminox – Jan List Christensen (CEO).

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• Topics
• Buyouts
• Nordics
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• Denmark