Capidea acquires Union Engineering A/S


Capidea, a Danish private equity fund, has announced the acquisition of a majority shareholding in Union Engineering.

Also based in Denmark, Union Engineering is a leading CO2 technology and plant manufacturer. The remaining shares have been acquired by the management team and former shareholders of Union Engineering.

The company sees this latest development as a progressive step forward, enabling it to implement its growth plans and putting Union Engineering in a ‘very strong position’ to serve both existing and new customers.

Despite the ownership change, stability in structure is also seen as a real benefit for Union Engineering. The management team consists of Peter Kriklywi, CEO, Heidi Thousgaard Jørgensen, CFO, Michael Mortensen, CSO, and Niels Ammundsen, COO.

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