Clearwater International advises ELM Kragelund on its sale to Sdiptech

Clearwater International has advised the specialist in integrated forklift attachments, ELM Kragelund A/S (ELM), on its sale to the listed Swedish technology group, Sdiptech AB (Sdiptech).

Founded in 1967, ELM develops and manufactures innovative attachments for forklift manufacturers and distributors across Europe targeting the transportation, logistics and warehousing industry, and is one of the market leaders in its niche. The company is known in the market for high quality and product innovation contributing to more efficient and safe goods handling. ELM is headquartered in Kragelund, Denmark, with sales representation in Scandinavia, Germany, the UK, and the Netherlands and its own production in both Denmark and Slovakia.

Sdiptech is a listed technology group that acquires and develops market-leading niche operations that contribute to creating more sustainable, efficient, and safe societies. ELM is Sdiptech’s first acquisition in Denmark.