The private equity fund EQT Mid Market Europe Fund has acquired the majority stake in the Danish company Ellab from IK Investment Partners.
Ellab is a leading manufacturer of measurement equipment for the pharmaceutical and food processing industries and hospitals. For example, the equipment can measure and document temperatures, humidity and pressure during various processes.
Ellab was formed in 1949 and is headquartered in Hillerød and has subsidiaries in several countries, including the USA, England, Germany and Italy. The company has approx. 250 employees and sells equipment to more than 70 countries worldwide.
Accura was the global coordinator of all legal workflows in connection with the transaction.
Accura advised EQT.
For further information, please read the press release.