Port of South LouisianaVan AalstTMS Awards 2023ViganGeneva DryTelestack
  • Cimbria
  • Van Aalst
  • TBA Group
  • Port of Stockton
  • Bühler GmbH
  • Telestack

Desmi is sold to One Equity Partners

Desmi is sold to One Equity Partners

(Posted on 26/06/22)

DESMI, a Danish manufacturer of pumps, pumping systems, environmental cleaning equipment and related products and services, has announced it has signed a definitive agreement to sell a majority share to One Equity Partners (“OEP”), a middle market private equity firm. Terms of the transaction were not disclosed.

Founded in 1834 and headquartered in Nørresundby, Denmark, DESMI provides pumping solutions to end-markets including marine and offshore, industrial, utility, and defense and fuel. The company also provides environmental solutions for oil spill response, seaweed collection and cleaning waterways.

DESMI has global operations across 20 countries in Europe, Asia, the Middle East, North America, and Africa and employs nearly 1,000 people. DESMI’s pumps and systems are sold to more than 150 countries through a network of subsidiaries and distributors across six continents.

“We look forward to a strong partnership with CEO Henrik Sørensen and his management team,” said Johann-Melchior von Peter, Senior Managing Director at OEP. “We plan to utilize OEP’s deep industrial sector expertise to help DESMI accelerate its growth trajectory and further diversify its end-markets to strengthen the business.”

“It was high on our agenda to find a new owner who wants to continue our growth strategy within flow technology and extend DESMI’s brand. OEP wants exactly that, and I am pleased to welcome them as a new majority shareholder of our great company,” says Sørensen. “After nearly 190 years of operations, we look forward to entering our next stage of growth with the support of our new partner. OEP is a firm that shares our vision for the evolution of DESMI and has a long-standing track record for building market-leading industrial companies.”

“We see significant potential to leverage DESMI’s global infrastructure and comprehensive value chain to consolidate a fragmented industry and enter new, attractive product segments,” said Marc Lindhorst, Principal at OEP.

The acquisition is expected to be completed in the second half of 2022 and is subject to regulatory approvals and customary closing conditions.

Latest News

Bühler profits improve as food security demands spark ship unloader orders

(Posted on 14/02/24)

Bühler has successfully navigated a complex and volatile global landscape and increased its profitability... Read more


DNV creates European cyber security services powerhouse

(Posted on 14/02/24)

DNV, the global assurance and risk management provider, has created one of Europe’s fastest growing... Read more


New MacGregor self-unloading system to enhance bulk handling efficiency

(Posted on 11/02/24)

MacGregor, part of Cargotec, has launched a new and augmented gravity self-unloading system that will... Read more


Victoria Steamship supports new Rotor Sail design development suited to bulkers

(Posted on 02/02/24)

Victoria Steamship Company Ltd. is set to support Anemoi Marine Technologies Ltd. with the development... Read more


GDI utilises Skygauge drones for remote thickness measurements

(Posted on 01/02/24)

GDI, an award-winning provider of applied technology solutions, has announced that it has now added... Read more


Platform integration redefines port cost management for shipowners and operators

(Posted on 01/02/24)

DIABOS Global Fze, leading port cost management solution, and Veson Nautical (Veson), the global market... Read more


Responsive conveyor belt tracker improves production and safety

(Posted on 31/01/24)

USA based pioneer in belt conveyor accessories, Martin Engineering, has launched the next generation... Read more


ABB to acquire weather routing business

(Posted on 25/01/24)

ABB has announced that it has entered into an agreement to acquire the shipping business of DTN Europe... Read more


EMS-Tech expands in Canada with west coast office in Burnaby, BC

(Posted on 23/01/24)

EMS-Tech Inc., a global leader in bulk material handling systems, has announced the opening of its new... Read more


Approval for Maritime Hydrogen Fuel Cell System developed by YANMAR

(Posted on 18/01/24)

ClassNK has issued an Approval in Principle (AiP) for a maritime hydrogen fuel cell system developed... Read more


Bühler GmbHPort of StocktonCimbriaSailors SocietyTBA Group
  • Port of South Louisiana

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping