Press Release (Jul. 2006)
Jacob Holm & Sønner expands activities through partnership with LD Equity and acquisition of Tytex
Jacob Holm & Sons STA A/S and Tytex Group A/S are joined into one company that will be among the leading global suppliers of advanced industrial textile products in select areas.
The owners aim to groom the company for a potential listing in three to five years through consistent strong organic growth supported by acquisitions.
The new company is being established by Jacob Holm & Sønner A/S hiving off the division STA (Special & Technical Applications) into an independent company under the name of Jacob Holm & Sons STA A/S, in which LD Equity will acquire a shareholding interest. Subsequently, Jacob Holm & Sons STA A/S will take over all shares in Tytex Group A/S from Thygesen Textile Group A/S, which is owned by Axcel I A/S and the Thygesen family.
For futher information, please contact:
Poul Martin Mikkelsen, Chairman of the Board of Directors of Jacob Holm & Sons STA A/S, tel. +41 614 855 301 or +41 793 332 301
Christian Møller, Partner of LD Equity, tel. +45 25 12 24 69
Niels Laurits Thygesen, Chairman of the Board of Directors of Thygesen Textile Group, tel. +45 40 81 00 81
Christian Frigast, Managing Partner, Axcel, +45 26 32 64 00
Read the complete press release:
 Press release_EN_04JUL06 121.85 Kb
Pressemeddelelse_DK_ 04JUL06 123.45 Kb
Read more about:
Jacob Holm & Sønner A/S
Thygesen Textile Group
TYTEX GROUP
LD EQUITY
AXCEL
|
