DENMARK: SCA ACQUIRES DANISCO ACTIVITIES

Article Abstract:

The Danish group Danisco is to sell off its divisions Danisco Pack Denmark (including activities in Denmark, Norway and Germany) and Danisco Paper to the Swedish forest group SCA for DKr 1,500mn (USD 215mn). The capital gain is DKr 225mn. The acquisition has to be approved by German authorities, which is likely to be done in three-five weeks. Danisco Pack UK is not included, as this unit is developing positively, and Danisco expects a higher capital gain if it is sold off at a later stage.

United Kingdom, Food & Kindred Products, Food Manufacturing, Sweden, Paperboard Containers, Paperboard Container Manufacturing, Norway, Paper & Allied Products, Paper Manufacturing, Paperboard Mills, Paperboard, Paper Bags, Uncoated Paper and Multiwall Bag Manufacturing, Paper products industry, Danisco A/S, Paper industry, Svenska Cellulosa AB, Danisco Paper, DANISCO Pack

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DENMARK: GERMAN COMPANY ACQUIRES ELVIRASMINDE

Article Abstract:

A 75% stake in Elvirasminde, the Danish producer of chocolate marshmallows and other chocolate products, has been acquired by the German group Storck from the Danish AA Jensen Group. The stake corresponds to 49% of votes. Director Erik Ingold Broberg is the owner of the remaining shares through his company Broberg Holding.

Chocolate & Choc-Type Confections, Chocolate and Confectionery Manufacturing from Cacao Beans, Chocolate candies, Elvirasminde, August Storck KG

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DENMARK: INSIDE TECNOLOGY ACQUIRED BY JUMPTEC AG

Article Abstract:

A 51% stake in the Danish company Inside Tecnology A/S has been acquired by the German company JUMPtec AG for about DKr 100mn (USD 14mn). The acquisition makes the companies the biggest player in Europe on compact PC's for industrial appliances, and one of the biggest in the world.

Computers, Electronic Computer Manufacturing, Jumptec Industrielle Computertechnik AG, Inside Tecnology A/S

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