Ernströmgruppen aquisition of Daniamant is now final
januar 31, 2022 12:50 pmOn November 16th 2021 Ernströmgruppen AB agreed to acquire Daniamant A/S and Daniamant Ltd from NTR Holding A/S Group.
This acquisition was subject to review by the Danish Business Authority. This process has now been completed without issue.
This concludes the sales process and today Daniamant is happy to welcome its new owners and looks forward to this next exciting chapter.
For additional information, please contact:
Kevin Rough
CEO, Daniamant A/S
About Daniamant:
Daniamant specialises in the development and manufacturing of safety equipment for the commercial and leisure marine industry. Safety at sea is the core mission for Daniamant and it strives to produce and develop products that will save lives at sea. As the world’s leading manufacturer of life jacket lights, Daniamant feels an obligation to ensure the safety of all people at sea. Its motto, Safe People, Safe Systems, Safe Sailing, runs deep in the organisation and Daniamant always has its sights on maximising its contribution to the safety of the marine industry, continuously striving to develop its products to exceed marine safety standards.
About Ernströmgruppen:
Ernströmgruppen is a Gothenburg based industry conglomerate that acquires and develops well managed companies in future niches. The company operates to create value and to be a positive force in environment, sustainability and digitalization – for future generations. Ernströmgruppens business model, ”Collective entrepreneurial power” is based on four generations of national and international experience of combining the best of small businesses; entrepreneurial spirit, commitment, and effective decision-making, with the best of big business, such as financial stability, structure, and exchange of experiences. The company’s operations span everything from marine safety equipment, technology trade, to the delivery of components and services for energy efficiency of industries and properties. Ernströmgruppen currently consists of more than 30 companies with a total turnover of around SEK 2.5 billion and has over 1000 employees in the Nordic and Baltic countries.”
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