Dürr Group sells Agramkow Fluid Systems A/S to Solix Group AB
The Dürr Group sells Danish subsidiary Agramkow Fluid Systems A/S, specialized in filling technology for the non-automotive sector, as well as its two subsidiaries and further assets to the Swedish investment company, Solix Group AB. Agramkow’s enterprise value stands at EUR 47 million. Plesner acted as legal counsel for Dürr AG.
Agramkow is the world's leading supplier for filling refrigerators, air-conditioning systems, and heat pumps with refrigerant and is headquartered in Sønderborg Denmark. Agramkow achieved sales of around EUR 45 million in the 2023 fiscal year.
Agramkow has been part of the Dürr Group since 2011 but no longer aligns with the strategic core business and offers limited integration with other segments of the Group. The Dürr AG Board of Management therefore believes that Agramkow would have more favorable growth opportunities outside the Group.
The sale does not include the automotive filling technology operations handled by Dürr Somac GmbH, which will continue as a central component of the Dürr Group's main business activities.
The transaction is expected to close by the end of the second quarter following a carve-out process.
Plesner's core team on the transaction was Brian Bundgaard, Rasmus Egede Budtz, Annemette Guldborg Jensen, Rasmus Korsgaard, Emil Agerskov Thuesen and Jonas Aresteen Hartwig.
