Pres-Vac Engineering ApS
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Pres-Vac Engineering ApS - overview
Established
1952
Location
-, -, Denmark
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
About
Pres-Vac Engineering ApS operates in the engineering sector, focusing on providing comprehensive solutions for marine operations while enhancing efficiency and environmental sustainability through innovative products. Founded in 1952 in Denmark, Pres-Vac Engineering ApS specializes in engineering solutions for marine operations. The company was acquired in 2015 by Gertsen & Olufsen A/S, a portfolio company of Erhvervsinvest. The current CEO is John Lazar.
Pres-Vac Engineering ApS specializes in innovative subsystems that enhance the efficiency and sustainability of marine operations. Their core offerings include advanced vibration compensators, cylinder lubrication systems, and piston rod stuffing boxes aimed at optimizing engine performance and reducing emissions. They also provide essential safety equipment such as PV valves, which protect tank vessels against overpressure and ensure compliance with IMO standards. Other offerings include incineration plants and biological wastewater purification systems, contributing to lower operational costs and reduced ecological footprints.
The revenue of Pres-Vac Engineering ApS is generated through direct sales and partnerships with marine engine manufacturers and shipping companies. Transactions typically involve B2B agreements for specific systems tailored to client needs, including long-term contracts for maintenance services, particularly for their cylinder lubrication systems, which deliver cost savings through reduced lube oil consumption. Pricing is generally based on the complexity and scale of the solutions offered, encompassing consultation, installation, and after-sales support. The company's EBITDA for the most recent year, 2023, stands at USD 2.
47 mn. Pres-Vac Engineering ApS is focused on developing new products to enhance its portfolio, with plans for launch by 2025. The company aims to expand its presence in the Asian and South American markets by 2026, leveraging its innovative solutions to meet regional demands. The proceeds from the acquisition in 2015 will be utilized to support these initiatives, aiming to strengthen its market position and enhance product offerings.
Current Investors
Gertsen & Olufsen A/S
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
Sub Industries
Engineering, Heating, Cooling & Ventilation Equipment and Services
Website
www.gomg.dk
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Pres-Vac Engineering ApS - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Pres-Vac Engineering ApS | - |
Displaying 1 - 1 of 1
Pres-Vac Engineering ApS - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.