December 2024
Financial advisor to Spica Technology in the sale to Ernströmgruppen
ATRIUM acted as the exclusive financial advisor to Spica Technology in the sale to Swedish industrial conglomerate, Ernströmgruppen.
Spica Technology is a Danish engineering company that develops specialized, complex components and custom systems to the wind industry.
The company was established in 1997, is located in Silkeborg, Denmark, and employs 25 people.
Spica Technology maintains strong, long-standing relationships with OEMs such as Vestas and Siemens, component suppliers such as KK Wind Solutions and Svendborg Brakes, developers such as Vattenfall and Eurowind Energy as well as strategic partners such as Semco and Procon.
Ernströmgruppen is a privately-held, Swedish industrial conglomerate comprising more than 50 companies. The group has net sales of approx. SEK 4.6b and an EBITDA of approx. SEK 625m.
Spica Technology will become part of the group’s business division “Automation & Electrification”.
"We chose ATRIUM because they have extensive experience within the wind sector. Their comprehensive experience, combined with their exceptional ability to understand our business, has provided us with invaluable support through-out the process. Their attention to both details and the overall transaction has secured Spica Technology an ideal match with Ernströmgruppen. "
Benny Thomsen, CEO and co-owner, Spica Technology ApS
