Divestment of BB Electronics

Carnegie acted as exclusive financial adviser to Axcel

Carnegie advised Axcel in the divestment of BB Electronics to an investor group consisting of among others, the management, Per Blinkenberg-Thrane (co-founder of Thrane & Thrane) and Skovbit (a company owned by the founder of BB Electronics). The new ownership structure creates a strong foundation for the company's future operations.

BB Electronics is one of the leading electronics manufacturing services (EMS) companies in Scandinavia with revenue of approx. DKK 425m in 2015. The company offers services within sourcing, design for manufacturing, production, testing, box-build, system integration, distribution and after sales service with a focus on automation and logistics. BB Electronics’ customers operate in a range of different industries such as telecommunication, IT, medical, industrial and transport and are serviced through the production facilities located in Denmark (approx. 100 employees) and China (approx. 400 employees).

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