TRESU Group, a leading manufacturer of high performance flexographic inline printing machines, is to be acquired by Altor Fund IV. The Nordic Private Equity fund acquires the company from the current majority-owner Erhvervsinvest II K/S. The sale and purchase agreement was signed on 11 May 2017.
“TRESU’s customers are among the largest and most demanding in the industry with an unwavering focus on productivity, efficiency and service. Employees are our most important resource,” says COO Søren Maarssø. “We constantly focus on employee development and involvement and are always looking for highly skilled labor and talents to ensure continued development in the future. Altor has a long-term investment horizon, and their experience with industrial technology is of great value for our future expansion plans.”
“During the last 5-7 years, TRESU has created the foundation for an internationalization of its core business in flexographic printing technology,” says Thomas Kvorning, Director at Altor. “We look forward to working closely with TRESU’s management to realize the ambitious growth plans that await ahead.”
The transaction is subject to customary regulatory requirements and approvals.