Segulah IV acquires KP Components


Segulah IV LP has entered into an agreement to acquire KP Components. KP Components was founded in 1969 by Poul Krogh Pedersen and focuses on offering machined metal components, using state of the art technology, to customers and applications, examples of which include hydraulics, power generation and fluid transportation.

PRESS RELEASE

Segulah IV L.P. has entered into an agreement to acquire KP Components.
KP Components, which was founded in 1969 by Poul Krogh Pedersen, has from its inception maintained focus on offering complex machined metal components, using state of the art technol-ogy, to highly demanding customers and applications, examples of which include hydraulics, power generation and fluid transportation. Over time, KP Components has developed a close relationship with its customers by providing just-in-time delivery, premium quality, finished products to the most demanding specifications.
KP Components’ head office is located in Spjald, Denmark. Its products are distributed broadly across Europe and the US, where KP Components established production facilities in 2011. In 2013, revenues exceeded MDKK 400.
The sellers in the transaction are the Danish private equity fund Capidea Kapital K/S and Industri Udvikling A/S. The CEO Martin Krogh Pedersen will remain as a significant minority owner subse-quent to Segulah’s acquisition together with management.
Martin Krogh Pedersen comments: “We have had strong development over the last years and we are now delighted to have Segulah as new majority owner to assist us in the next phase of growth”.
Once Segulah’s acquisition has been completed, Lars Pettersson (former CEO of Sandvik) will be appointed new Chairman of the board. Lars recently stated that “KP Components is well posi-tioned for further profitable growth and to take advantage of the increasing outsourcing trend. I look forward to supporting management in further developing the Company”.
“KP Components has developed a profitable business model built on extensive know-how in pro-viding high quality customized and complex components, and it is well positioned for continued strong growth. We look forward to continuing support for management in realizing the Company’s potential”, says Marcus Jansson from Segulah Advisor AB.
The acquisition will be Segulah IV L.P.’s ninth investment.
For further information visit www.segulah.com, www.kp-components.com or contact:
Marcus Jansson, Partner, Segulah Advisor AB, Cell: +46 70 968 82 84
Martin Krogh Pedersen, CEO, KP Components, Cell: +45 20 25 06 11

Get your FREE trial or subscribe now to Buyouts to find new deal opportunities, super-charge your fundraising efforts and track top managers.

Sign up to our Newsletter

Receive updates from our PE HUB Wire and Top Stories of the Week newsletters:

We will not send you spam, and we don't share your email address with 3rd parties.