Spica Technology is a Danish engineering company that develops specialized, complex components and custom systems to the wind industry. The company was established in 1997, is located in Silkeborg, Denmark, and employs 25 people. Spica Technology maintains strong, longstanding relationships with OEMs such as Vestas and Siemens, component suppliers such as KK Wind Solutions and Svendborg Brakes, developers such as Vattenfall and Eurowind Energy as well as strategic partners such as Semco and Procon.
ATRIUM Partners, served as the exclusive financial advisor to Spica Technology ApS in its sale to the Swedish industrial conglomerate, Ernströmgruppen. Spica Technology will become part of the group’s business division “Automation & Electrification”.
Ernströmgruppen is a Swedish industrial conglomerate comprising more than 50 companies. The group has net sales of approx. SEK 4.6b and an EBITDA of approx. SEK 625m.