Companies
Industrial
The sector that keeps society’s wheels turning. Engineers and industrialists in the Nordics and DACH have a long history of inventing new technology that creates significant improvements for humanity. Yet, as the pace of life is only set to accelerate, industrial companies are under pressure to evolve. And this evolution is, we believe, key to shaping a better future. Many excellent companies have been created to produce and market these inventions globally. And we believe that the businesses open to innovation will be the ones outperforming their peers, improving margins, and leveraging the competitive edge sustainability can bring. Importantly, the technological development towards a greener world has accelerated. Many of the global innovation leaders within green transition are located in the Nordics and DACH. Altor is proud to participate in making the world more sustainable through, for example, green steel, circular plastics and sustainable battery components. We strongly believe in this trend and our ability to support these companies and create significant value. Read moreHowever, none of the changes above are done overnight. In large industrial companies, shifts of this scale demand the stamina of a supportive partner who thinks and acts long-term. This fits Altor well, thus these are the relationships we most like to build. Through access to capital and unmatched operational expertise, our partners are able to complete their necessary transformations. Altor has 20 years of experience in supporting industrial companies in their transition from mid-size innovation leaders to true global leaders. We have a proven toolbox for how to create world class operations and accelerate growth organically and through strategic M&A. Our reputation in this sector is solid with a network of advisors and experts that is second to none. We are proud of how many leading companies we have helped build together with excellent management teams and often together with founders. Trioworld, Piab, Orchid, Sonion, Meyn, Aalborg Industries are a few examples. These partnerships have given us practical experience across a broad range of operations and sub-sectors, for example industrial automation and advanced manufacturing.
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Current companies

Aira
Clean energy-tech to every home

Circulose
Making fashion circular

FLSmidth
Driving sustainable productivity

Gunnebo
For a safer world

Haarslev Industries
Taking care of tomorrow’s production process

Hamlet Protein
Healthy animals – healthy business

Multi-Wing
Shaping airflow for future generations

Norican group
Shaping industry

Orchid Orthopedic Solutions
Bringing medical products to life

Permascand
Electrochemical solutions for hard to abate industries

Stegra
Powering a new, clean industrial revolution

Tresu
Serving the industry

Trioworld
Rethinking plastics

Vianode
Empowering a greener life

2023 turnover (Calendar year)
EUR < 50M
Employees
< 500
Investment date
Aug 2023
Fund
Fund VI, ACT


2023 turnover (Calendar year)
EUR <50m
Employees
<100
Investment date
June 2024
Fund
Fund VI, ACT

2023 turnover (Calendar year)
EUR > 3000M
Employees
> 9000
Investment date
Jan 2023
Fund
Fund V


2023 turnover (Calendar year)
EUR > 400M
Employees
> 3000
Investment date
Nov 2020
Fund
Fund V


2023 turnover (Calendar year)
EUR > 200M
Employees
> 500
Investment date
Mar 2012
Fund
Fund III


2024 turnover (Calendar year)
EUR > 100M
Employees
>100
Investment date
Sep 2015
Fund
Fund IV


2023 turnover (Calendar year)
EUR > 100M
Employees
> 500
Investment date
Sep 2021
Fund
Fund V


2023 turnover (Calendar year)
EUR > 500M
Employees
> 1000
Investment date
Feb 2015
Fund
Fund IV


2023 turnover (Calendar year)
EUR > 300M
Employees
> 1000
Investment date
Jun 2011
Fund
Fund III


2023 turnover (Calendar year)
EUR < 50M
Employees
< 200
Investment date
Feb 2024
Fund
Fund VI, ACT


2023 turnover (Calendar year)
EUR < 50M
Employees
< 200
Investment date
Mar 2021
Fund
Fund V, Fund VI, ACT


2023 turnover (Calendar year)
EUR > 50M
Employees
< 200
Investment date
Jun 2017
Fund
Fund IV


2023 turnover (Calendar year)
EUR > 800M
Employees
> 1000
Investment date
March 2018
Fund
Fund IV


2023 turnover (Calendar year)
EUR N/AM
Employees
< 200
Investment date
Sep 2022
Fund
Fund V
Past companies

Aalborg Industries

AGR Petroleum Services

Ampco-Pittsburgh

Bruynzeel (prev. Constructor)

Dynapac

Eltek Group

Enhanced Drilling

Ewos

Ferrosan

Ferrosan Medical Devices

Meyn

NorthStar

Nova Austral

Palodex

PIAB

Sonion

Åkers Group

Ålö
Industrial sector team

Andreas Kaldhussaeter
Senior Associate

Axel Skorup Averås
Senior Associate

Bengt Maunsbach
Partner

Clara Zverina
Principal

Cornelia Jebsen Anker
Director

David Hess
Partner

Diana Kristensen
Executive Assistant

Giovanna Maag
Partner

Gyte Balciunaite
Senior Associate

Helena Kipčić
Associate

Henrik Olav Klevar
Director

Isabella Eichler
Director

Jakob Fager
Senior Associate

Jakob Hougaard Hentze
Director

Jawad Shafique
Senior Associate

Jens Browaldh
Partner

Klaas van Henten
Senior Associate

Kristian Sandaker
Senior Associate

Marit Annink
Senior Associate

Nicolai Kjær Jacobsen
Director

Olli-Markus Savolainen
Associate

Oscar Michelsson
Senior Associate

Pascal Herren
Associate

Philipp Schleuning
Senior Associate

Thomas Palm Westermann
Director

Tom Jovik
Principal

Vemund Wøien
Senior Associate