Bramming Plast has sold 60% to LD Equity

Clearwater Advisor

Bramming Plast Industri A/S has sold 60% of their stock to the private equity fund LD Equity. The deal is part of a future succession in the company and the present management, with the founder and CEO John Feldt, staying. The management, who until now has been the owner, continue as owners of the remaining 40 %.

Bramming Plast is among the market leading companies in Northern Europe within the processing of foam products to the furniture, healthcare and technical industries.

The company headquarter is, as the name indicates, located in Bramming, Western Jutland along with 50% of the production capacity. In 2001 the production was extended with a subsidiary in Lipiany, Poland.

The buyer LD Equity wish to continue their favourable development and strengthen product development and customised solutions.