The fast growing Danish company Aalborg Industries is ready to rejoin Copenhagen Stock Exchange, writes Børsen.

It is possible the IPO will take place already this year and private equity fund Altor Equity Partners sits on the majority of the company shares. It seems the only thing missing is a stabile stock market.

Altor owns approximately two-thirds of Aalborg Industries, while LD Invest Equity Management and sits on the remaining shares. Altor acquired the company in 2005 by a consortium led by private equity fund Axcel.

Aalborg Industries, which has factories in Denmark, China, Brazil and Vietnam, increased its sales turnover by 19 percent last year to DKK 3.4 billion, most of which comes from sales abroad.

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(2009-08-21)
 
 
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