EnergyWatch

KK Group builds up to global expansion after sale

Production beyond Europe will be launched and KK Group will be the largest in its class of suppliers which provide electrical systems to wind turbines.

A Danish supplier will enter a new era when KK Group is taken over by investment fund Solix. It will also be a new time for PKA Pension, which is leaving the company after more than 30 years. And not least for Tommy Gundelund Jespersen, who has been with the company since 2004 and until yesterday with a share of 15 percent.

The company, which booked revenue of DKK 1.2 billion (EUR 160 million) in 2014-2015 has not revealed what Solix had to pay to secure the title of owner. However media rumors abound that it was around the DKK 1 billion mark. Nor will Gundelund Jespersen reveal the price he was offered for his share. He stresses, however, that he is looking forward to continuing in the company under the new owners.

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