FIN FORM A/S sold to Tielman Sweden AB
In the Danish market, Fin Form A/S is the only manufacturer of baking molds and special packaging in parchment paper for industrial bakeries, artisan bakers and retailers.
The company was established in 1979 and has since developed into a significant and recognized supplier in its field, and today has a significant export share. Fin Form operates in a global niche market. The products are manufactured in an automated process plant.
Strongly equipped for development
Fin Form has achieved impressive growth and development over the years, and together with Tielman Sweden AB is now strongly equipped to take the next step in the company's planned development in terms of products and markets.
Business Broker the seller in a structured sales process, in which Tielman Sweden acquired 70% of the share capital. Fin Form's CEO, who owns 30%, will remain with the company in the same position and with the same ownership share.
By choosing Tielman Sweden AB as the new owner, the owners have focused on ensuring that Fin Form can remain an independent Danish company with a professional service to customers, while at the same time focusing on further development of the company in the coming years.
International buyer and targeted advice
Chairman of the Board and co-owner Peter Damgaard Hansen says:
"Business Broker the sales process in a professional manner. International contact with potential buyers was particularly important, as Fin Form is a niche company that is of interest to several foreign buyers.
Business Broker good momentum throughout the sales process, as there were always two or three advisors involved. This meant that we were able to explore all the relevant options. The advisors were determined, focused, and persistent. Business Broker great influence at the crucial moments in the process—and in the negotiations leading up to the final solution."
Business Broker the sales process
Klaus Termansen and John Nygaard say that the transaction has been completed with a solution model that secures the company's future development and at the same time has solved the generational change for the main shareholders and the company.
Tielman Sweden is a supplier in the same business area as Fin Form. Tielman Sweden also owns Tielman North America LTD in Canada. With the new majority shareholder, Fin Form is well equipped for the future.
Contact us to discuss industry consolidation, acquisition or sale.
FIN FORM A/S
Tielman Sweden AB
acquired Fin Form A/S
Task: Selling the business.
Solution: After a structured sales process with a broad international buyer dialog, the Swedish manufacturer of baking molds, Tielman Sweden, was preferred as the new main shareholder.
Result:Fin Form's owners have achieved the desired solution for generational succession the company, enabling the next step in the company's growth plan to be implemented. Fin Form's CEO, who owns 30%, will continue in the company with the same role and ownership share.
Fin Form A/S produces specialty packaging for industrial bakeries, artisan bakers and retailers - in a niche market.
Business Broker advised the seller.
