Industrial /
Multi-Wing

2020 turnover

EUR 61M

No. of employees

350

Acquisition date

September 2021

Fund

Fund V

Multi-Wing Group (MWG) is the leading manufacturer of customized axial fans and impellers utilized in engine cooling, commercial refrigeration, industrial ventilation and HVAC applications.

Why we believe in Multi-Wing:

  • The customized axial fan market is an attractive niche growing 4-6% p.a. characterized by high level of R&D and application engineering
  • MWG delivers best-in-class products rooted in deep application expertise and offers an attractive price-to-value proposition for customers
  • There are several attractive growth areas both within core business and within new product/customer groups

Team

Jens Bernhoft

CEO

Investment Advisory Team

Søren Johansen

Thomas Kvorning

Thomas Palm Westermann

Jakob Hougaard Hentze