Leading manufacturer of complete pre-insulated pipe systems
In May 2006, Montagu Private Equity led and arranged the management buyout of Logstor from a consortium of Danish investors.
Logstor is the world's leading manufacturer of complete pre-insulated pipe systems for transportation of gases and liquids in district heating and cooling networks, oil and gas pipelines, marine and industrial applications and solar power systems. Logstor sells its products globally in a market where rising energy prices and environmental concerns are increasing the importance of efficient, energy-saving products and transport solutions.
In 2005, the Company recorded sales of €250 million and EBITDA of more than €25 million. It is headquartered in Løgstør, Denmark and has 1,300 employees in eight European production facilities and eleven sales offices. In addition, the Company has distributors in 28 countries and joint ventures in Korea and China.
Montagu was attracted to Logstor because of its strong market position, excellent management team and extraordinary growth prospects, both in established and new product areas.