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IK exits survival kit maker Hansen Protection to Survitec Group after eight-year hold


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IK Investment Partners has exited survival kit manufacturer Hansen Protection to trade buyer Survitec Group after eight years in its portfolio.
The European private equity firm acquired a majority stake in Hansen from Montagu Private Equity in 2013.
Under IK’s ownership the company has bolted-on a survival suit rental company in the Netherlands, a protective rainwear manufacturer in Denmark and a PPE rental services for the offshore wind industry.
IK previously attempted to exit the company through an IPO in 2018, but that was cancelled due to the plunging of stock prices according to a Bloomberg report from the time.
Terje Gorm Hansen, CEO of Hansen Protection, commented: “It has been our privilege to have partnered with IK, an organisation that shares our Nordic roots and drive for excellence. With their support, we have strengthened our product range and service standards to better serve those that rely on us through the most challenging conditions. ....

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Survitec Acquires Hansen Protection, Strengthening Its Position As The Global Leader In Survival Technology


Survitec Acquires Hansen Protection, Strengthening Its Position As The Global Leader In Survival Technology
Survival technology leader Survitec today announced that it has completed the acquisition of Hansen Protection, a leading European provider of personal protective equipment.
The transaction reinforces Survitec as the global leader for survival technology across the maritime, defence and government, energy, and aerospace markets. Survitec’s complete portfolio and its wide-reaching footprint creates a single partner for customers across the globe.
Ron Krisanda, Executive Chairman at Survitec, commented: “The addition of Hansen Protection, and its leading portfolio in personal protective equipment, protective rainwear, and technical textile solutions, fits perfectly within Survitec. ....

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Survitec acquires personal protective equipment provider Hansen Protection


Survitec acquires personal protective equipment provider Hansen Protection
5/6/2021
Survival technology leader Survitec today announced it has acquired Hansen Protection, a leading European provider of personal protective equipment. 
The transaction reinforces Survitec as a leader for survival technology across the maritime, defense and government, energy, and aerospace markets. Survitec’s complete portfolio and its wide-reaching footprint creates a single partner for customers across the globe.
“The addition of Hansen Protection, and its leading portfolio in personal protective equipment, protective rainwear, and technical textile solutions, fits perfectly within Survitec,” said Ron Krisanda, Executive Chairman at Survitec. “Our acquisition strategy is intended to broaden and deepen our offering and enhance our ability to service customers and this transaction does just that. The global reach and the combined ....

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