Service company sold to a German group

The Danish service company Veltec, which has around 180 employees in Denmark and is head quartered in Ringsted, has been sold by the Danish private equity fund Triton to the German Plant Systems & Services PSS GmbH.

Although the sales agreement between Triton and Plant Systems & Services PSS GmbH was not signed until the end of November this year, German PSS GmbH will take over the company retroactively, so that they take over the company from 31 December 2017.

However, despite the sale to the German group, there is no immediate danger that Veltec will move away from Ringsted, Kalundborg and Frederikssund.

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