Maj Invest Equity has acquired 75 % af the shares in Roll-o-Matic A/S from the private equity fund Blue Equity.

Roll-o-Matic, a Vissenbjerg, Denmark-based manufacturing company, announced getting into an agreement to get Maj Invest as new shareholders in the company.

The deal, which has financials undisclosed, involves that the private equity fund Maj Invest Equity acquired 75 % af the shares in Roll-o-Matic A/S by the private equity fund Blue Equity. The remaining part of the shares in Roll-o-Matic A/S will continue to be owned by the company's management.

Roll-o-Matic, established in 1967 and led by CEO Birger Sørensen, develops and produces machines for production of rolled plastic bags and biodegradable plastics. Production and development take place in Denmark, and the products are sold to more than 60 countries.