Storskogen Denmark acquires INGENIØR'NE
Storskogen has entered into an agreement to acquire 82 percent of the shares in INGENIØR'NE A/S (“INGENIØR'NE”), a Danish full-service building engineering consulting company with a strong local foothold in the social housing, healthcare, residential and corporate segments. In 2021, INGENIØR'NE reported an EBITA of DKK 26.2 million.
INGENIØR'NE is headquartered in Esbjerg where it was founded in 1972, since then additional offices have been added in Kolding, Odense and Aarhus with a total of more than 170 employees. With a broad spectrum of in-house engineering competencies, deep niche knowledge and local presence INGENIØR'NE is recognised for their high quality in project design and execution proven by their numerous references within the private and public sector and long-term relations with customers.
The company is led by the co-owners John Andresen, partner and CEO of INGENIØR'NE, and the partners Anders Astrup and Henrik Bilberg. John, Anders and Henrik, together with three additional members of the partner group, will continue to hold a minority stake in INGENIØR'NE going forward.
“We are delighted that Storskogen have chosen to partner with us. With Storskogen’s long term perspective, financial strength, and expertise we have the opportunity to further develop our business and accelerate our growth,” says John Andresen, CEO of INGENIØR'NE.
INGENIØR'NE will be a part of Storskogen’s vertical Engineering Services that reported sales of SEK 741 million in 2021. The company is the third company acquired by Storskogen Denmark in the past year under the management of Jan Ebbesen.
“We are very happy to have acquired INGENIØR'NE as it has a solid foundation to be successful for the long-term, with a strong market position and a diversified client base built on in-depth expertise. Going forward it will be very exciting to support the company in its continued growth journey,” says Jan Ebbesen, Managing Director of Storskogen Denmark.
The acquisition is expected to be finalised in the second quarter of 2022.