mynth
12/2025

IDÉ-PRO acquired by SP GROUP

DENMARK Chemicals & Materials / Material Transformation / Plastics EV 500M - 1.5b DKK

Context

Idé-Pro BE Holding ApS has been acquired by SP Group A/S. The transaction was announced in December 2025 and completed on the same day, with the parties signing a definitive agreement that transfers ownership of Idé-Pro’s Danish and Indian manufacturing assets, its proprietary digital platform and its established sales network across Northern Europe. The acquisition concludes a period in which Idé-Pro was jointly owned by its founder and a private‑equity investor, during which the company expanded its engineering centre in Bangalore and reinforced in‑house toolmaking capacity in Denmark. Both firms have supplied components to automotive, defence and healthcare customers, creating an overlap that supports SP Group’s objective to broaden its technology offering and market coverage. The strategic rationale centres on combining SP Group’s extensive raw‑material processing and composite expertise with Idé-Pro’s rapid‑prototype and low‑volume production capabilities. By integrating Idé-Pro’s digital order‑to‑delivery system, SP Group can accelerate time‑to‑market for custom components and reduce reliance on external tooling providers. The acquisition also adds a sizeable engineering workforce in India, granting the combined entity a foothold for serving customers in Asia and enabling near‑shoring of design activities. From a portfolio perspective, the addition of expanded polypropylene, foam and light‑metal die‑casting broadens the material spectrum available to SP Group’s existing client base. Operationally, the merger is expected to generate cross‑selling opportunities across the two companies’ customer lists, allowing SP Group to offer a complete value chain from material sourcing through toolmaking to final part delivery. In‑house production of moulding tools in Europe and Asia is projected to improve capacity utilisation and lower unit costs, while the shared digital platform is anticipated to streamline order processing and inventory management. The combined organisation aims to enhance supply‑chain resilience for sectors such as defence and healthcare, where rapid access to high‑quality prototypes and low‑volume runs is critical. Integration plans include expanding the Indian engineering centre’s role and aligning sales functions to present a unified market offering.

IDÉ-PRO, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Industry & Manufacturing sector (11.6x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Idé-Pro BE Holding ApS, founded in 1994 in Denmark, provides functional prototyping, injection moulding, expanded polypropylene/ polystyrene (EPP/EPS) components, and light‑metal die‑casting. The company operates its own production facilities in Skive and Glyngøre, Denmark, and in Bangalore, India, where a dedicated engineering centre employs more than 60 designers. A proprietary digital platform integrates order intake, tool design and manufacturing scheduling, allowing delivery of plastic parts within one to two weeks, a speed uncommon in the sector. Product ranges include low‑volume injection‑moulded parts up to two metres in size, recyclable foam components for technical applications, and aluminium, magnesium or zinc castings for uses requiring higher strength or thermal conductivity. Idé-Pro serves customers across automotive, defence, healthcare, and consumer‑goods industries, typically for prototype runs or limited series that precede mass production. Sales are coordinated through offices in Denmark, Sweden, Germany and the Netherlands, supported by an in‑house toolmaking capability that produces moulds in both Europe and Asia. The workforce of approximately 300 employees combines engineering, production and sales expertise, enabling the firm to manage the complete value chain from design to finished component. Since 2019 the ownership structure included the founder and Blue Equity, providing a platform that blends digital manufacturing with traditional tooling.

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Historical Financials (DKK)

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REFERENCES

Valuation range: EV 500M - 1.5b DKK

EBITDA range: 50M - 100M DKK

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of IDÉ-PRO by SP GROUP are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: idé-pro

Acquirer: sp group