Jorgensen Engineering acquired by XANO
Acquisition by XANO
November 2016
Sector: Industrial & Business services
Service: M&A
Our role
Exclusive financial adviser to Xano on the acquisition of Jorgensen Engineering
Buyer
XANO AB (publ) develops, acquires and operates niche technology companies that offer manufacturing and development services for industrial products and automation equipment. The business is divided into three business units and the Group is represented in the Nordic countries, Estonia, the Netherlands, Poland, China and the USA. In 2015, the group's sales amounted c. SEK 1 billion and number of employees was 660. XANO is listed on Nasdaq Stockholm
Target
Jorgensen is a leading international automation company that delivers and integrates equipment and complete packaging management systems. The company is located in Odense, Denmark, and has about 110 employees