Extract from M&A Insights

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Axcel has sold Driconeq
May 8, 2018

Following a ownership of 11 years, Axcel has sold the Swedish drilling equipment company Drivoneq to the Irish engineering company Mincon Group. According to Borsen, Axcel has lost hundreds of millions DKK on his deal, as a result of a much lower valuation compared to 11 years ago.

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