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Axcel acquires Nissens

Case info

The leading Danish private equity fund Axcel has acquired the cooling company Nissens based in Horsens, Denmark, in Axcel Fund V's first platform investment.

Nissens is market leading in the manufacture and sale of cooling solutions for the automotive and wind power industries.

Nissens was founded in 1921 by the Nissen family and reported a revenue of DKK 1.4bn for the financial year 2015/16. Nissens employs 1200 people worldwide and has manufacturing facilities in e.g. Denmark, China, Slovakia and the US.

Accura has assisted Axcel in the extensive acquisition process and was global co-ordinator of all legal work streams in the process.

Kåre Stolt, Thomas Weincke, Kim Toftgaard and Kristian Lykkeholm Klausen advised Axcel.


Kim Toftgaard
Kim Toftgaard

Partner, Attorney-at-Law, LL.M.

Mobile: +45 3078 6602

Kåre Stolt
Kåre Stolt

Senior Partner, Attorney-at-Law

Mobile: +45 3078 6600

Thomas Weincke
Thomas Weincke

Partner, Attorney-at-Law

Mobile: +45 3078 6678

Kristian Lykkeholm Klausen
Kristian Lykkeholm Klausen

Associate Partner, Attorney-at-Law

Mobile: +45 3078 5770