PRESS RELEASE

Brian Pedersen sells majority shareholding in Linka Group to Christoffer Lassen and Kincap.

Biomass and waste-to-energy specialist Linka Group welcomes new majority owners. Brian Pedersen has chosen to sell his majority shareholding in the company to experienced business investor Christoffer Lassen and the Danish investment firm Kincap.

The sale marks a new chapter in Linka Group’s development.

The new shareholders – together with selected members of the management team and current principal shareholder Brian Pedersen – will form the ownership group of Linka Group going forward and will further strengthen the expansion of the company’s activities.

The partnership with Christoffer Lassen and Kincap will bring the group additional resources, experience and networks.

”I know there is considerable potential to further develop our companies, and it is fantastic to strengthen our opportunities through the resources that the new co-owners bring into the group,” says Thomas Gaardbo, CEO of Linka Group.

Christoffer Lassen, who will become the new Chairman of the Board at Linka Group, brings extensive experience in complex commercial matters, the establishment and operation of similar businesses, and the use of his wide network.

”In my decision to invest in Linka Group, it has been crucial that the companies have a very solid foundation that can be developed further. I see significant opportunities for Linka Group, both within its current market segments and geographically, as well as in applying its market-leading technology to new areas – and I have great respect for what the group’s companies have already achieved,” says Christoffer Lassen.

Kincap is a Danish investment firm that invests in well-established small and medium-sized companies, with a mission to help them become larger and stronger.
Kincap brings together family offices to create strong growth platforms for capable and ambitious management teams.

”We see great potential in Linka Group. It has been important to us that the current management and board take part in the continued journey of Linka Group, as this complements our capabilities in building the strongest possible team. We look forward to working with the talented people in the group and to driving further development,” concludes Nils Smith, Partner & CEO of Kincap Management.

About Linka Group:

With almost 100 employees in Denmark and Sweden, Linka Group – consisting of Linka Energy A/S, Jernforsen Energy AB and Weiss ApS – has, for nearly 50 years, supplied boiler plants, handling systems and support solutions for industry, agriculture and district heating plants – both nationally and internationally.

In recent years, the company has experienced solid growth in both revenue and earnings, and the new investors will help accelerate this development.

About Kincap:

Kincap is a Danish investment firm that invests in well-established small and medium-sized companies, with a mission to help them grow larger and stronger.

Kincap enters into close partnerships with capable and entrepreneurial management teams to further develop strong businesses.

Kincap is ambitious yet informal and contributes systematically and structurally with knowledge, networks, and capital.

Kincap is built on the values and culture of family-owned businesses, combined with strong experience from active ownership.

From left to right: Thomas Gaardbo (CEO, Linka Group), John Veje (Board Member, Linka Group), Brian Pedersen (Board Member, Linka Group), Nils Smith (Partner & CEO, Kincap Management), Christoffer Lassen (CHBL Holding ApS), and Mads Pauli Ringkjøbing-Christiansen (Partner & Chairman of the Board, Kincap Management).

For further information:

Thomas Gaardbo, CEO, Linka Group, +45 20 36 04 26, thg@linka.dk
Nils Smith, Partner & CEO, Kincap Management, +45 24 78 33 57, nils@kincap.dk

Brian Pedersen, who will remain a co-shareholder and board member, says:
“It has been important for me to find the right majority owners for the company so that its positive development can continue. With Christoffer Lassen and Kincap, Linka Group gains owners who both share our values and recognise the significant opportunities in the market. I am confident that their experience and ambitions will strengthen our position and growth. At the same time, I would like to highlight the great efforts made every single day by our skilled employees in Denmark and Sweden – without their expertise, dedication and professionalism, we would not be where we are today.”