Priveq acquires Danfö

Danfö's management and board will buy into the newco as part of the MBO and the former CEO of packaging company Nefab, Lars-Åke Rydh, will join the board as chair.

Priveq's investment forms part of an expansion strategy developed by Danfö's leadership, headed by recently appointed global CEO Mikael Magnusson. The company will put the new capital to use by expanding in existing markets and breaking into new geographies.

Company
Headquartered in Nora near Örebro, Danfö is an installer and servicer of public toilets.

The company was founded in 1969 and operates across the Nordic region, the UK and the Middle East. It employs a staff of 140 and generated a SEK 180m turnover in 2015.

People
Priveq – Karl-Johan Willén (partner).
Danfö – Mikael Magnusson (CEO).

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• Topics
• Buyouts
• Nordics
• Consumer
• Sweden
• Priveq Partners