Altor to Acquire Majority Interest in Haarslev Industries

Altor (Altor Fund III GP Limited) signed an agreement to acquire a majority interest in Haarslev Industries A/S from Odin Equity Partners.

The amount of the transaction, whose closing is expected at the end of March 2012, subject to relevant regulatory approval, reamined undisclosed. Following the investment, Haarslev Industries’ CEO Claus Østergaard Nielsen, will stay on as co-owner and chief executive of the company.

Founded in 1973, Haarslev Industries is a cleantech business dedicated to manufacturing processing equipment for organic by-products, including from slaughterhouses and water purification plants. Haarslev’s products are applied in various industries, including the meat and bone meal and the fishmeal industries and in the environmental and bio-energy sectors.

The company has about 600 employees and production facilities in Spain, Brazil, Peru and China as well as in the village of Hårslev on the Danish island of Funen.
Haarslev has acquired Sværtek (2003), Atlas-Stord (2006), Tremesa (2008) and, Flo-Dry (2011).



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