Novedo acquires Stantraek A/S
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Novedo acquires Stantraek A/S

M&A
Lundgrens is pleased to have acted for Novedo with its second acquisition in Denmark of the industrial company Stantraek A/S

Novedo Holding AB (publ), a niche industrial group within Industry, Infrastructure and Installation & Services, continues to grow in the industry business segment and has now acquired Stantraek A/S, which specializes in customized components and sheet metal parts for industrial applications.

Stantraek with almost 70 employees was founded in 1967 and is based in Jutland, near Aarhus. The company specializes in customized components and sheet metal parts for industrial applications and has a solid and diversified B2B customer base in various industries, including wind/energy, electronics and the process industry.

Stantraek is expected to be consolidated into the Novedo Group in Q1 2023 and will be part of Novedo's industry business segent.

"We are very pleased that Stantraek, headed by CEO Morten Petri Lauritsen and COO Henrik Miltz, will now become part of Novedo. With its long and solid industrial experience, high technical competence and strong market position, Stantraek will be an important building stone in our work to continue to expand our business segment Industry", says Per-Johan Dahlgren, President & CEO of Novedo.