Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Esbjerg based TS Tech A/S acquires Hanstholm Elektronik A/S
July 18, 2018

Electrical installation company TS Tech A/S acquires 100% of Hanstholm Elektronik A/S and strengthens its customer base within the maritime and offshore industry. With the acquisition, TS Tech doubles its employee count to reach 80 in total. In 2017, Hanstholm Elektronik A/S reported a gross profit of DKK 27m with an EBIT of DKK 2.8m. The purchase price is undisclosed.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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