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
MacGregor to deliver electric cranes for Vertom’s multipurpose India built vessels
(Posted on 15/05/25)MacGregor has secured an order from the Vertom group, a Netherlands-based shipowner and maritime service... Read more
Berg Propulsion strengthens ties with Jiangsu Dajin
(Posted on 15/05/25)Strengthening ties between Berg Propulsion and China’s Jiangsu Dajin Industry Co. Ltd have been... Read more
Sicilian port operator adds strongest Konecranes Gottwald MHC
(Posted on 15/05/25)The Fratelli Fazio Group has ordered a Konecranes Gottwald ESP.9 Mobile Harbour Crane which is the first... Read more
Liebherr Connect to link people, cranes and digital environment
(Posted on 07/05/25)Liebherr Connect is changing the way people, machines and the environment are connected. With broadly... Read more
Dualog sets a new standard for maritime email
(Posted on 07/05/25)Dualog has announced a significant update to its email solution: individual corporate email accounts... Read more
Naples cargo operator invests in energy-efficient Konecranes Gottwald MHC
(Posted on 01/05/25)Magazzini Generali Silos Frigoriferi (MGSF), part of the Klingenberg Group, has ordered a Konecranes... Read more
FuelEU Maritime compliance strategy is commercial priority, says OceanScore
(Posted on 28/04/25)FuelEU Maritime represents a strategic headache for shipping companies on the same level as its technical... Read more
Wärtsilä upgrade to deliver emissions savings for Ulusoy bulk carriers
(Posted on 22/04/25)Technology group Wärtsilä will upgrade the Wärtsilä RT-flex main engines... Read more
Steelpaint secures major order for application on 39 bulk vessels
(Posted on 22/04/25)German coatings firm Steelpaint GmbH has secured a major order to supply its specialist Stelpant... Read more
BAR Technologies' WindWings a practical solution
(Posted on 15/04/25)In the wake of the International Maritime Organization's (IMO) Marine Environment Protection Committee... Read more
