Nordic Drives Group has completed its fourth acquisition in Denmark by acquiring Nielsen & Rønne.
Nielsen & Rønne was formed in 1925 and is headquartered in Nykøbing Falster, Denmark. Nielsen & Rønne focuses mainly on sales, service and repair of electric motors and pumps and a wide range of electromechanical components. The company also has expertise in cranes, lifting equipment, lifts, wind turbines and automation.
Nordic Drives Group was formed in 2022 with the aim of becoming the market leader in Northern Europe within motors and drives. Nordic Drives Group is owned by the Swedish private equity fund MVI.
Accura advised MVI in connection with the transaction. Accura also advised MVI in connection with the acquisition of Fabrika, Midtjydsk Elektro and Aalestrup Elektro.