May 2017 – Erhvervsinvest sells TRESU Group to Altor

Altor to acquire TRESU Group

 

TRESU Group (“TRESU”), a leading manufacturer of high performance flexographic (“flexo”)
inline printing machines, is to be acquired by Altor Fund IV (“Altor”). The Nordic Private
Equity fund acquires the company from the current majority-owner Erhvervsinvest II K/S. The
sale and purchase agreement was signed on May 11, 2017.

TRESU Group is a highly specialized company as a leading supplier in the production and
delivery of flexo inline printing machines primarily in the food sector of the packaging
manufacturing industry (primarily for packaging printed on cardboard – including for juice and
milk) and accessories for flexo, offset and digital printing machines dedicated to a number of
leading manufacturers in the graphic industry. TRESU is also a supplier of specialized
solutions for the graphic production of niche products such as lottery tickets and hygiene
products. In addition, TRESU is exposed to the fast growing market for industrial digital
printers with their flexo surface treatment solutions, typically purchased with the digital
printer.

The company is headquartered in Bjert, Kolding, with additional production and sales
facilities in the United States, and sales and service offices in Germany, Italy, China and
Japan. TRESU employs around 250 dedicated employees who, with their innovative
solutions, serve the company’s global customers.

“TRESU’s customers are among the largest and most demanding in the industry with an
unwavering focus on productivity, efficiency and service. Employees are our most important
resource, “says COO Søren Maarssø. “We constantly focus on employee development and
involvement and are always looking for highly skilled labor and talents to ensure continued
development in the future.”, says Søren Maarssø, COO, TRESU Group. “Altor has a longterm
investment horizon, and their experience with industrial technology is of great value for
our future expansion plans.”

Søren Maarssø continues: “With TRESU’s latest breakthrough among some of the world’s
largest food packaging manufacturers and surface treatment in the fast-growing digital printer
market, we now focus on accelerating our growth in and outside the United States.”
“We are pleased with the development that TRESU has undergone, and the focused and
highly profitable business the company has developed into,” says Thomas Marstrand,
Managing Partner at Erhvervsinvest. “Together with management and the employees, we
have been able to apply TRESU’s strong technical skills to enter new geographies and
segments within the company’s core business.”

“During the last 5-7 years, TRESU has created the foundation for an internationalization of its
core business in flexographic printing technology,” says Thomas Kvorning, Director at Altor.
“We look forward to working closely with TRESU’s management to realize the ambitious
growth plans that await ahead.”

The transaction is subject to customary regulatory requirements and approvals.

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For further information, please contact:

Thomas Kvorning, Director at Altor – telephone: +45 29 29 73 05

Thomas Marstrand, Managing Partner, Erhvervsinvest – telephone: +45 21 65 93 26

Søren Maarssø, COO at TRESU Group – telephone: +45 21 63 34 50

About TRESU Group, www.tresu.com
About Altor, www.altor.com
About Erhvervsinvest, www.erhvervsinvest.dk