Carnegie acted as exclusive financial adviser to Ratos in the divestment of the Danish company Contex to Procuritas. Contex is the world’s largest manufacturer of large-format 2D scanners with sales in more than 90 countries. Contex sells both under its own brand and as an OEM supplier to HP, among others.
In 2011 Contex A/S’s sales totalled USD 46.1m and operating profit (EBITA) adjusted for costs affecting comparability amounted to USD 4.9m. Ratos acquired Contex Group in 2007 when the company consisted of three subsidiaries: Contex A/S, Z Corporation and Vidar Systems. The two latter companies were sold to the American company 3D Systems in 2011.