tic elkas/Eegholm appoints new board members
Leading Nordic provider of electrical panels tic elkas/Eegholm group welcomes Louise Koch and Peter Sørensen to its Board of Directors. The board is hereby fully constituted, following Axcel’s investment in the group in 2023.
Louise Koch, Group Head of Sustainability at Grundfos, brings extensive international experience in sustainable business development and strategic ESG to the board, while Peter Sørensen, COO at technical services provider Andersen & Heegaard and former CEO of Otis, adds vast industry experience and commercial expertise to the group.
“We’re proud to welcome two strong profiles, Louise and Peter, to the board. Both bring highly relevant experience that will strengthen us in achieving our vision of becoming the leading provider of electrical panels in Northern Europe”, says Morten Østergaard.
Partner at Axcel, Christoffer Müller adds, “We’re pleased to now have a complete board in place with strong complementary industry profiles who are well-equipped to guide the group both commercially and in terms of sustainability.”
In addition to the two new board members, the Board of Directors at the tic elkas/Eegholm group consists of Chairman Morten Østergaard, Axcel’s Managing Partner Christian Schmidt-Jacobsen and Axcel Partner Christoffer Müller.
About tic elkas/Eegholm group
The tic elkas/Eegholm group is a leading Nordic end-to-end provider of electrical control panels and related services – including panel design, hardware manufacturing, software automation, installation and other services. Recently, the Norwegian electrical panel manufacturer Elcor became part of the group. tic elkas/Eegholm has been backed by Axcel since 2023. For more information, visit www.ticelkas.com, www.eegholm.co.uk or www.elcor-group.com.
About Axcel
Founded in 1994, Axcel is a Nordic private equity group focusing on four sectors: Technology, Business Services & Industrials, Healthcare and Consumer. Our team in Stockholm and Copenhagen brings 30 years of experience in building companies through a collaborative mindset and a structured approach to value creation. Axcel has raised seven funds with committed capital of approx. € 4.1 billion from Nordic and international investors. We currently own 21 companies headquartered across the Nordics, and we have made a total of 71 platform investments, 300 add-on acquisitions and 50 exits. For more information, visit www.axcel.dk.
For further information, contact:
Tic elkas/Eegholm/Elcor group:
Morten Østergaard, Chairman of the Board
Tel.: +45 26 15 35 07
E-mail: moe@ltpgroup.com
Axcel:
Maria Fiorini Lorenzen, Head of Communications
Tel.: +45 22 27 36 76
E-mail: mfl@axcel.dk