FSN Capital acquires Alvent A/S as part of the establishment of InstallatørGruppen
The owners of technical installation company Alvent A/S have agreed to sell 100% of the shares in Alvent A/S to FSN Capital as part of the establishment of InstallatørGruppen. Plesner advised the owners of Alvent A/S on the transaction.
Alvent A/S is one of Denmark's leading suppliers of professional ventilation solutions and supplies everything from classic ventilation for residential properties to highly specialised medical solutions and laboratory solutions. Alvent A/S has provided ventilation solutions since it was founded in 1992, and today it is highly specialised in terms of providing advice on and installation and servicing of ventilation plants.
FSN Capital's acquisition of Alvent A/S is made as part of the establishment of InstallatørGruppen, a strategic partnership of eleven Danish technical installation companies within plumbing, electricity, ventilation, optical fiber and cooling systems, who are all market leaders in their respective fields.
InstallatørGruppen aims at creating one market leading technical installation company is supposed to grow significantly during the coming years, partly organically, partly through additional acquisitions, and InstallatørGruppen already has a total turnover of around DKK 1.3 at the time of its establishment. In addition to this, InstallatørGruppen wishes to take on a leading role in promoting sustainability and energy efficiency in Denmark.
The transaction is awaiting customary approvals by the competent authorities and is expected to be concluded in the spring of 2023.
Plesner's core team on the transaction consisted of Brian Bundgaard, Søren Bauer og Isolde Hede Søe.
Read the press release from FSN Capital