Carnegie advised Axcel in the divestment of Cimbria, one of the world’s leading producers of equipment and lines for processing, handling and storing grain and seed to European private equity firm Silverfleet Capital.
Cimbria is a leading global manufacturer of equipment used for either seed processing or post-harvest grain handling. The company’s products include equipment for cleaning, drying and storing grain and seed, as well as conveyors linking equipment in a handling or processing line. Products range from standalone equipment pieces to large custom built project installations. Cimbria operates two production facilities in Denmark, and one in each of Austria, the Czech Republic and Italy, and has approximately 740 employees.