Lazarus Industriförvaltning AB has acquired a majority stake in Jydsk Aluminium Industri, aiming to strengthen the company's financial position and capitalize on growth opportunities within the aluminium casting industry.

Target Information

Jydsk Aluminium Industri (JAI) is one of Europe's largest and most automated aluminium foundries specializing in die casting, with over 70 years of experience in the industry. The company develops aluminium components for leading industrial enterprises globally, focusing on sectors such as high voltage, pumping systems, robotics, marine engines, drive systems, and the automotive industry, particularly trucks, motorcycles, and electric vehicles.

In recent years, JAI has faced challenges primarily due to the COVID-19 pandemic and inflation, resulting in a financially over-leveraged situation. Despite these obstacles, the firm has managed to maintain strong customer relationships and deliver commendable results in a highly competitive market, thanks to the resilience of its management team.

Industry Overview

The aluminium casting industry has seen substantial growth, driven by the increasing demand for lightweight materials across various sectors, particularly in transportation and robotics. In Denmark, where JAI is located, the sector has experien