Westpack sells the majority of shares to private equity house Capidea.

The Danish private equity fund Capidea is the new majority owner of Westpack A/S and will have an active role in the company’s continued positive development and growth. Westpack was founded in 1953 by the Mogensen family and prior to the transaction Westpack was  primarily owned by brothers Søren Skou Mogensen and Ole Buhl Mogensen as well as CEO Morten Dalsgaard.

The management team, consisting of Morten Dalsgaard and COO Søren Skou Mogensen, will continue  as  significant
shareholders, and key  employees will maintain their  ownership.  Ole Buhl Mogensen is no longer shareholder in the company. Jan Sindesen will also invest in Westpack and become the new chairman of the board.

Westpack develops, purchases, produces and sells specialty packaging solutions to the jewelry and watch industries. The product portfolio consists of boxes in primarily cardboard and plastic as well as accessories used to display jewelry and watches.