Axcel backs Mita-Teknik

CEO Jesper Andersen and head of R&D Thomas Andersen, brothers and members of the founding family, will remain in their respective positions and have retained a significant minority stake.

Company
Mita-Teknik, founded in 1969 by the Andersen family, manufactures control systems for wind turbines. Headquartered in Rødkærsbro, Denmark, the company employs 230 staff, 80 of which in R&D. It has recorded EBIT of DKK 85m.

People
Partner Jacob Thygesen worked on the deal for Axcel.

Advisers
Management - Nordea Corporate Finance (Corporate finance); Accura (Legal).

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