New investment: Partnership with HITSA A/S to acquire VEKSØ A/S

31. January 2018

The ambition is to develop a Nordic market leader in urban space solutions with a particular emphasis on urban furniture that promotes quality of life, sustainability and social inclusion.

Den Sociale Kapitalfond Invest has entered into a partnership with the Danish company HITSA to invest in the company and acquire the VEKSØ business unit from the NRGi Group. Den Sociale Kapitalfond Invest has acquired approximately 40 per cent of the shares in HITSA A/S and now owns the company together with the directors Søren Schultz and Henrik Andersen.

HITSA A/S and VEKSØ A/S are among the Nordic region’s leading manufacturers of urban furniture, with a particular focus on urban furniture, cycling products and solutions for public transport. Customers include municipalities, landscapers, housing associations and contractors. HITSA and VEKSØ employ a total of around 100 people in the main companies in Denmark (Kolding and Fredericia) and subsidiaries in Latvia (production company) and Sweden.

HITSA is a socially responsible company that takes special care of each other and educates vulnerable young people and employs people from the margins of the labour market.

The joint ambition is to develop HITSA and VEKSØ as a Nordic market leader in urban space solutions, with a particular emphasis on urban furniture that promotes quality of life, sustainability and social inclusion – and as part of this, to further expand social efforts for the benefit of even more people from the margins of the labour market.

You can read the press release about HITSA’s acquisition of VEKSØ by downloading the file below:

HITSA A/S acquires VEKSØ A/S and at the same time Den Sociale Kapitalfond Invest becomes a new shareholder in HITSA A/S.

Contact

Torben Agerup
Partner
+45 2421 2621
Lars Jannick Johansen
Founder and Managing Partner
+45 2961 6892

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