Fabrika A/S and Nordic Drives Group join forces
The motors and drives company Nordic Drives Group has acquired 100% of Fabrika A/S. The acquisition supports the goal of being the leading partner for motors and drives in Northern Europe.
Nordic Drives Group, which is part of MVI Fund II, has acquired 100% of electric motor supplier Fabrika A/S. The young and dynamic company Fabrika A/S, who thanks to a motivated and professional team in a short period has become one of the leading partners of standard and special electric motors with focus on energy optimization, will continue to support existing and new customers and partners all over Northern Europe with electric motors and drives solutions.
Kaspar Mikkelsen, owner of Fabrika A/S, says: “I am very pleased with the merger of Fabrika A/S and Nordic Drives Group. From the first meeting, I was very impressed with the setup, drive, and ambition of the people behind MVI and Nordic Drives Group.”
Kaspar Mikkelsen continues: “This is a setup where I see great opportunities for Fabrika to expand and invest faster than planned so that we can support our existing customers and partners even better for the future. I see many synergies internally in the group. Furthermore, I believe that all the people at Fabrika will be part of something where they will have fun every day and meet many interesting challenges.”
Erik Sundin, CEO of Nordic Drives Group, states: ”I am very impressed over Fabrika’s journey to date and the business culture and drive for excellent customer support and delivery. Kaspar Mikkelsen will continue as an investor in Nordic Drives Group and will continue in the business development for the group.”
The merger took place on 1st December 2022.