ELM Kragelund sold to MBI-team

Clearwater Advisor

The Danish manufacturer of units for fork lifts ELM Kragelund has been sold. Olav Brøchner and Niels Anker Hansen have acquired the shareholder’s equity from the former owner Anpelas.

The new owners wish to continue the development of the company and perhaps make expansions. The former managing director of Niels Steensen withdraws from the management but stays in the company responsible for the Swedish and Norwegian markets. ELM Kragelund has 80 employees and is located in Løsning in eastern Jutland.