KK Wind Solutions Acquires Nissens Cooling Solutions

Standard Motor Products Acquires Nissens Automotive

November 1, 2024

Automotive

Standard Motor Products, Inc. (SMP) has completed the acquisition of AX V Nissens III APS ("Nissens") from Nordic private equity firm Axcel and the Nissen family for approximately $390 million (€360 million), net of cash and assumed debt. The deal brings the Denmark-headquartered thermal-management and aftermarket air‑conditioning supplier into SMP’s portfolio to create an aftermarket leader across North America and Europe and drive cross‑selling and synergies.

Viessmann Generations Group Acquires KPS Global from D Cubed Group

October 3, 2024

Manufacturing

Viessmann Generations Group, the family-owned Viessmann organization, has completed the acquisition of KPS Global, a Fort Worth-based manufacturer of custom insulated panel systems. The purchase from long-duration investor D Cubed Group will expand Viessmann's Clean & Cold platform into the North American market and support KPS Global's continued growth and operations across its five manufacturing facilities.

KK Wind Solutions Acquires Vestas' Converter & Controls Business

August 10, 2022

Manufacturing

KK Wind Solutions, owned by A.P. Moller Holding, has completed the acquisition of Vestas' converter & controls business, including three factories in Hammel (Denmark), Oragadam (India) and Tianjin (China) and roughly 600 employees. The deal expands KK Wind Solutions' manufacturing footprint and production capacity, secures exclusivity to supply converters and controls to Vestas, and includes transitional service agreements to ensure continuity during an 18–24 month integration period.

A.P. Moller Holding Acquires Nissens Cooling Solutions

July 19, 2021

Manufacturing

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.

KK Wind Solutions Acquires Gram & Juhl A/S

September 15, 2020

Renewable Energy

KK Wind Solutions has acquired Gram & Juhl A/S, a Denmark-based supplier of turbine condition monitoring solutions (TCM). The deal, effective October 1, 2020, expands KK Wind Solutions' digital product offering—strengthening its capabilities in condition monitoring, sensors and cloud-based services to accelerate aftermarket and predictive-maintenance solutions; terms were not disclosed.

A.P. Moller Holding Acquires KK Group A/S

July 10, 2019

Energy

A.P. Moller Holding has agreed to acquire KK Group A/S (marketed as KK Wind Solutions), a Denmark-headquartered provider of power electronic systems, cooling and monitoring solutions for the wind industry. The acquisition is intended to accelerate KK Group’s global expansion and follow its customers’ international growth while leveraging A.P. Moller Holding’s global network and resources.