A.P. Moller Holding Acquires Nissens Cooling Solutions

July 19, 2021

A.P. Moller Holding A/S has signed an agreement to acquire Nissens Cooling Solutions from K. Nissen International A/S (controlled by private equity firm Axcel). Nissens Cooling Solutions — a global manufacturer of customised cooling components, systems and modules for wind turbines and industrial applications with about 1,000 employees across Denmark, China, the Czech Republic and Slovakia — will be carved out as a standalone company and become fully owned by A.P. Moller Holding; the deal is subject to competition clearance and expected to close in H2 2021.

Buyers
A.P. Moller Holding A/S
Targets
Nissens Cooling Solutions
Sellers
K. Nissen International A/S, Axcel
Industry
Manufacturing
Location
Denmark
Transaction Type
Divestiture

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