Effective 1 June 2018, DLG’s planned divestment of Kongskilde Industries will be completed. The buyer is the UK based principal investment fund, Green Park Partners (GPP). Going forward, Kongskilde Industries will include the Grain and Industry activities and all Kongskilde’s employees.
“Ever since our former owner, the DLG Group, sold Kongskilde’s Agro activities early 2017, we have strived towards a sale of the remaining part of Kongskilde, which now consists of our Grain and Industry activities. The fact that the profit in Kongskilde has continued to improve significantly over the last couple of years, has allowed the sale to take place in a quiet and calm pace. In 2017 Kongskilde obtained success with a significant increase in turnover and result, and the improvement has continued in 2018. GPP is thus taking over a healthy and prosperous company. We are pleased with the choice of the new owner of Kongskilde Industries. The company will now be able to continue to serve its grain and industry customers and develop the business further,” says Mogens Rüdiger, CEO of Kongskilde Industries.
Headquartered in Sorø, Denmark, and with 9 sales offices around the world, Kongskilde Industries is a leading provider for system solutions for the industry and the agriculture. The Industry division provides solutions for the plastic, paper and packaging industries, including specialized concepts for pneumatic transport and handling of process material. For the agricultural sector, Kongskilde is well-known for its solutions for the transportation, drying, storage and sorting of grain and other crops.
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