Motus Nordic stronger after new acquisition
As part of the overall strategy, on 31 August 2023 Motus Nordic acquires the majority holding of Klovborg Maskinfabrik, located near Horsens. Industrial and logistics companies have an ongoing focus on developing efficiency and productivity through automation and digitization. Motus Nordic already contributes to this development as a value-creating supplier to, among others, industrial and logistics companies in the Nordic region.
With the acquisition of Klovborg Maskinfabrik, a manufacturer of conveyor systems for multiple industries, Motus Nordic expands further its portfolio of relevant products and services that move products and people safely and efficiently through production and logistics chains.
The acquisition of the majority holding of Klovborg Maskinfabrik fits perfectly into Motus Nordic's strategy to become a full-service partner for industrial and logistics companies when creating safe and efficient flow in processes.
"At Klovborg Maskinfabrik, they pay tribute to flexibility and efficiency, and are ready to assist their customers should the need arise. That mentality matches our DNA and culture and fits into our mission to always move products and people safely and efficiently. With the purchase of the majority holding of Klovborg Maskinfabrik,
we can continue our strategic direction and at the same time offer our customers even better and broader solutions to support the ongoing development of their competitiveness", states Nicolai Hansen, CEO at Motus Nordic.
A competent continuation of Klovborg Maskinfabrik
The purchase of Klovborg Maskinfabrik also helps to ensure a successful generational change, where the current owners in the coming three years will continue as part of the ownership group with a minor owner’s share. "It was important for us to enter into an ownership with a Danish company very similar to our own and with the same company culture, and we have succeeded. We continue with the same good employees, products, and customers, but we believe that Klovborg Maskinfabrik under Motus Nordic management can be streamlined and optimized further and thus provide even better solutions", says Ole Højgård, CEO at Klovborg Maskinfabrik.
Motus Nordic too believes that the new acquisition will bring many opportunities in the future. "We are excited that we have been given the opportunity to acquire Klovborg Maskinfabrik, and together with the founders we look forward to further developing the strong platform they have created during the past 25 years, for the benefit of both existing and new customers", concludes Nicolai Hansen.
Further information
Nicolai Hansen, CEO Motus Nordic A/S
Email: nh@motusnordic.com
Søren Birn, CEO Bagger-Sørensen Equity
E-mail: bir@baggersorensen.com
About Motus Nordic
Motus Nordic works every day to move products and people safely and efficiently by delivering custom-made
process and logistics solutions, know-how and high service for customers within multiple industries.
Bagger-Sørensen Equity completes first investment within Healthcare
Bagger-Sørensen Equity completes minority investment in the Danish MedTech company Cercare Medical, a leading expert in complex algorithms enabling advanced Perfusion Imaging in MR and CT scans.
Cercare Medical is a medical software company founded in 2013 as a spin-out of the Center of Functionally Integrative Neuroscience at Aarhus University, Denmark. They develop advanced perfusion software providing medical healthcare professionals significantly more detailed MR and CT images. Further, by leveraging Artificial intelligence, Cercare Medical’s perfusion software enhances the accuracy, efficiency, and speed of image analysis, providing medical healthcare professionals invaluable insights and diagnostics support to make better decisions in the fields of i.e., Brain Oncology and Ischemic Stroke Assessments.
We are proud to invest in a company contributing to improved patient outcomes, enhanced decision-making for medical healthcare professionals, and, ultimately, a positive impact on the lives of individuals facing potentially challenging medical conditions.
Bagger-Sørensen Equity focuses its investments within Healthcare, Food & Ingredients, Technology and Sustainability. The investment in Cercare Medical represents an important milestone for Bagger-Sørensen Equity as the first investment within Healthcare. With the Cercare Medical investment, Bagger-Sørensen Equity can celebrate its eight investment, since being established in 2020.
Further information
Søren Birn, CEO Bagger-Sørensen Equity
E-mail: bir@baggersorensen.com
Fiberpartner ApS enters into exclusive partnership
Fiberpartner ApS enters into exclusive partnership with Pond Global A/S on bio-based plastic for the development, production, and marketing of staple fibers.
Fiberpartner, a leading player in polyester fibers, has entered the partnership with Pond Global for the use of their bio-based Pond Cycle©, which replaces fossil polyester. The agreement is an important step towards more environmentally friendly solutions within the staple fiber industry.
Staple fibers are used in a wide range of products, including nonwovens, which are used for the production of for instance, nappies, mouthwashes, and wet wipes, as well as filling for pillows and duvets and not least as binding fibers. With Pond Cycle©, Fiberpartner will be able to offer a bio-based alternative to traditional polyester fibers. Some of the advantages of Pond Cycle© are a greatly reduced CO2 footprint, easier and more efficient recycling, and biodegradability.
Founder and CEO of Fiberpartner, Thomas Wittrup, states: "The exclusive partnership with Pond Global strengthens our position and allows us to deliver sustainable and innovative products to our customers."
So far, Fiberpartner has primarily sold polyester fibers, a significant part of which comes from recycled PET bottles. Three years ago, Fiberpartner began developing and selling fibers that are degraded in nature by microorganisms using the additive PrimaLoft® Bio™. The partnership with Pond Global adds a new and important milestone for Fiberpartner in their continued efforts to deliver innovative and sustainable solutions, which goes well with the company's PrimaLoft® Bio™ fibers.
Fiberpartner's collaboration with Pond Global will help meet the demand for environmentally friendly fibers that can replace traditional polyester fibers. By utilizing Pond Global's technology, Fiberpartner will be able to develop and produce high quality bio-based and biodegradable staple fibers that are in line with the company's sustainability strategy.
Fiberpartner ApS
Bagger-Sørensen Equity A/S has acquired 55% of the ownership shares in Fiberpartner ApS
The company is now owned by Bagger-Sørensen Equity A/S, Wittrup & Wittrup ApS and a senior employee. Fiberpartner's founder and CEO, Thomas Wittrup, will continue as CEO, and Fiberpartner will continue to execute on the strategy and global mission to make polyester more sustainable.
Fiberpartner has strong competencies in the development and sourcing of fibers for use in many types of textiles, non-woven products (eg nappies and sanitary napkins) as well as furniture, pillows and duvets. Based on an organization with strong competencies, Fiberpartner runs its business all over the world. In 2021, Fiberpartner sold over 50,000 tons of fiber to customers in markets around the world.
Fiberpartner develops and sells biodegradable textiles via a global licensing agreement with PrimaLoft®, USA, and thus contributes to reducing the more than DKK 3.6 million. tons of textiles that today end up as textile waste.
Thomas Wittrup, CEO and co-owner, says: “It is my hope that Fiberpartner with the new ownership structure can continue the positive change of the textile industry that is already underway. I look forward to helping our customers with the right sustainable solutions and thereby be able to help reduce plastic pollution in the world”.
Søren Birn, CEO of Bagger-Sørensen Equity A/S says: “We have for a long time been in a very constructive dialogue with Thomas Wittrup about strategy and plans for the future development of Fiberpartner. We are impressed by the development that Thomas and the Fiberpartner organization have achieved in recent years, and not least by the opportunities that an active participation in increasing the sustainability of the fibers that are part of so many products used daily by consumers worldwide, provide for the company's continued growth. We look forward to working with the Fiberpartner team to help develop Fiberpartner into an even stronger and more competent company.
Questions should be directed to:
Thomas Wittrup, CEO, Fiberpartner ApS,tel. 2025 6509
Søren Birn, CEO, Bagger-Sørensen Equity A/S, tel. 2269 8397
Fiberpartner, which is based in Vejle, is a Danish consultant and supplier of textile fibers with a mission to make the polyester industry more sustainable. The company is in 36 countries as a trusted advisor and liaison between international fiber manufacturers and manufacturers of everything from duvets and pillows to hygiene items, felt and wet wipes.