Capidea Acquires Majority Stake in Hoyer

The Danish private equity fund Capidea has acquired a majority stake in Hoyer. Hoyer is a global supplier of energy-efficient electric motors and automation solutions. The investment, undertaken in collaboration with the investment company Motorttramp, strengthens Hoyer’s strategy and its ability to deliver energy-efficient solutions and services tailored to customer needs, contributing to the green transition.

“With Capidea, we gain a committed owner who fully supports our current strategy,” says Søren Ø. Sørensen, Chairman of the Board at Hoyer. “With Motorttramp’s background in the maritime sector and the continuing minority shareholder Core Sustainability Capital’s strong focus on sustainability, the combined shareholder group enhances Hoyer’s ability to deliver products and services that are fit-for-purpose, promote sustainability and are backed by unparalleled service. This ensures we continue to deliver on our promise: ‘Together, we outsmart the ordinary.’”

A Strong Strategy with Growth Potential

Hoyer’s expertise in energy-efficient motors and its focus on meeting specific customer needs align perfectly with Capidea’s overarching goal of investing in mid-sized companies that play a significant role in the global green transition.

“Hoyer is a company we have followed closely for a long time, and we believe in its potential as a competitive green transition partner that can truly make a difference,” says Martin Jørgensen, Managing Partner at Capidea. “Hoyer’s current culture and growth plan form the foundation for energy-efficient motors and automated solutions, creating significant value for Hoyer’s customers. This makes Hoyer an attractive investment for Capidea.”

Strengthening Hoyer’s Strategy for Long-Term Customer Value

Hoyer remains focused on delivering solutions that meet the specific requirements of customers across industries such as Marine, HVAC, Industry, and Energy. The partnership with Capidea, which has taken over the majority stake, comes at a time of significant growth and business development for Hoyer.

“We are taking extra steps forward to offer solutions that position Hoyer as a green transition partner and address our customers’ most critical challenges. We started the year with our acquisition of the Swedish automation company Novotek, and now we have a new ownership group that fully supports our path towards growth,” says Henrik Sørensen, CEO of Hoyer.

About Capidea
Capidea is a Danish private equity firm that makes long-term investments in competitive small and medium-sized Danish companies. Established in 2006, Capidea has total committed capital of approximately DKK 3.6 billion / EUR 473 million across four funds. Capidea invests in businesses within trade, distribution, services, IT, and manufacturing. Since 2006, Capidea has acquired 32 companies, with Hoyer being the seventh investment in Capidea’s latest fund, Capidea Kapital IV K/S, established in April 2023 with total commitments of DKK 1.3 billion / EUR 175 million.

For more information about Capidea, please visit https://capidea.dk/en/