3/18/2016

GPV has a new strong ownership by Schouw & Co.

We are very satisfied and pleased to announce that GPV International A/S has been acquired by Schouw & Co.

Schouw & Co. is a company listed on Nasdaq Copenhagen, with a portfolio of global industrial companies

With Schouw & Co.’s acquisition, GPV now has a strong owner with a long-term growth perspective and a wish to contribute with knowhow within industrial development as well as with the necessary financial support to achieve the common goals.

Bo Lybaek will continue as CEO, and the Management Team of GPV will also remain unchanged.

The new ownership will strengthen our capabilities further and will enable us to expand and create even more value and service for our present and future customers.

Our focus on developing and expanding GPV’s position in the EMS market will be further intensified, and the considerable investments made in new technology and automation during the past years to ensure our competitiveness could be seen in this context.

 

Picture: Left: Bo Lybæk, CEO in GPV International. Right: GPV’s new Chairman of the Board of Directors Jens Bjerg Sørensen, CEO at Schouw & Co. Read the interview between the two in The GPV Annual Magazine 2016

 

Today, GPV is represented in both Europe and Asia: a platform that can form the basis for a natural expansion of GPV’s presence into the Americas.

Seen from a logistics point of view, GPV's presence in the three time zones of Asia, Europe and the Americas will make it possible to service our customers worldwide even better.

In short, the new ownership of GPV will further strengthen our position, will enable us to expand and will create even more value and service for our present and future customers.

The acquisition of GPV International A/S is still awaiting the final approval from the relevant authorities, which is expected to be in place at the end of Q1 2016.

Until these approvals are in place, we will continue our business as normal, and we are looking forward to the future and to our continuous cooperation.