Lagercrantz acquires PcP Corporation A/S

Press Release: June 30, 2022

Bygning

The Swedish listed company Lagercrantz Group has acquired 95% of the shares in the group PcP Corporation A/S, a leading product company of innovative and high-quality bespoke safety solutions.

PcP is a leading Northern European designer and producer of innovative and high-quality bespoke safety solutions within gratings, scaffolding, and handrails. PcP manufactures safe and innovative solutions for a wide variety of industries and applications. The solutions are mainly delivered to the following sectors:

  • Industry - food, pharma, chemical, offshore and manufacturing plants
  • Infrastructure - railway, road/bridges and water treatment
  • Energy - power generation and transformer stations

PcP’s headquarter is located in Vildbjerg in Denmark, and the company is represented in 9 European markets worldwide with wholly owned subsidiaries in Norway, Sweden, Netherlands, Belgium, Germany, and United Kingdom. PcP was founded by Peder Christian Pedersen in 1927 and employs some 280 people.

John Nielsen, Group CEO of PcP since 2006, will remain in his position and retain 5% of the shareholding in the company.

”We are pleased to welcome PcP to Lagercrantz. PcP will further strengthen our TecSec division with its innovative safety solutions. We see great potential in PcP and we look forward to continuing to develop and grow the company together with John Nielsen and his experienced team.”, says Jörgen Wigh, President and CEO of Lagercrantz Group.

”I’m excited to be part of this new chapter in PcP’s long history together with an experienced and long-term owner as Lagercrantz.”, says John Nielsen, Group CEO of PcP.

PcP will be part of the Lagercrantz division TecSec as of June.

Denmark, 30 June 2022