Lund Elmer Sandager represents Swedish NIBE Industrier AB in the acquisition of LS Control A/S

NIBE Industrier AB, a Swedish listed company, has acquired 70% of the shares in LS Control A/S, a Danish company that develops and sells electronics for control and regulation. The remaining 30% of the shares will be acquired by 2028 at the latest.
News
Mergers & Acqui­si­tions

NIBE Group is a global leader in sustainable energy solutions, with three main business areas: Climate Solutions, Element and Stoves. The group develops, manufactures and markets a wide range of eco-friendly, energy-efficient products for indoor climate comfort in all types of property.

LS Control A/S, founded in 1969, has customers in the ventilation and heat pump industry, as well as in medical technology, laboratory equipment and professional catering. The company has annual sales of approximately DKK 100 M. LS Control A/S will join the NIBE Element business area.

This deal strengthens the market position of both NIBE and LS Control in the market and creates new opportunities for growth and innovation. We congratulate both parties on the deal!

Lund Elmer Sandager advised on the buy-side of the deal in close collaboration with Terese Leire, Per-Ivar Svensson and Anders Jemail from the Swedish law firm Delphi. Our team consisted of Partner Nicolai Fløe Jørgensen, Partner Ulrik Bayer, Attorney Camilla Ikast Jessen, Partner Torsten Hylleberg, Associate Partner Julie Flindt Rasmussen and Assistant Attorney Louise Janholm Kristensen.

Deal links

Contact
Nicolai Fløe Jørgensen
Partner
Attorney
Ulrik Bayer
Partner
Attorney
Camilla Ikast Jessen
Attorney

Related employees

Working as an assistant attorney in our M&A team, Camilla advises Danish and international companies, private equity funds, and venture capital funds in connection with M&A transactions.

Camilla Martinsen

Assistant Attorney
Jacob is partner in our M&A team. He advises on M&A transactions, venture capital and private equity investments, capital structure, and successions.

Jacob Roesen

Partner
Attorney
Jonas is attorney in our M&A team. He advises clients on mergers and acquisitions, and general corporate law.

Jonas Tofte Bøndergaard

Attorney
August is a law student in our M&A team. He assists the team with due diligence investigations and corporate legal documents.

August Ikov

Student Assistant

Related news

See all news
News

Lund Elmer Sandager advises Vestjysk Træemballage in the acquisition of Danpal

Lund Elmer Sandager advises Vestjysk Træemballage, backed by Norwegian investment company Daimyo, in the acquisition of Danpal from a group of shareholders, including Den Sociale Kapitalfond Invest.
Mergers & Acqui­si­tions
News

Presto Group acquires Parat ApS

Presto Group, backed by Adelis Equity Partners, has completed yet another successful acquisition in Denmark. Presto Group has acquired Parat ApS and thereby further strengthened its position in Denmark.
Mergers & Acqui­si­tions
News

Lund Elmer Sandager represents StockRate in the sale to Max Matthiessen

StockRate Asset Management has been acquired by Max Matthiessen, a Swedish advisory firm backed by Nordic Capital. The deal was finalized on 1 November 2023, following the acquisition of PensionsSelskabet pension & health care services by Max Matthiessen earlier this year.
Mergers & Acqui­si­tions
News

Lund Elmer Sandager represents Presto Group in the acquisition of SafetyGroup

The highly M&A active Swedish Presto Group, backed by Adelis Equity Partners, has acquired Danish SafetyGroup ApS to bolster its presence on the Danish market.
Mergers & Acqui­si­tions
News

Lund Elmer Sandager advises Agilitas-backed Aeven on the acquisition of Sentia

Aeven has acquired Sentia, a Danish supplier of cloud solutions. With the acquisition, Aeven is on the path to expansion and growth, strengthening its capabilities and customer base, particularly among Danish SMEs.
Mergers & Acqui­si­tions
News

Lund Elmer Sandager represents Chapter 5 in the sale to Trifork

Trifork Holding AG has acquired the Danish software solution provider Chapter 5 A/S to expand its FinTech presence in Denmark. With the acquisition, Trifork and Chapter 5 have the aim of developing NextGen technologies for existing customers in both companies as well as targeting new customers, primarily within the financial sector.
Mergers & Acqui­si­tions