Altor acquires a majority stake in Multi-Wing – enters into long-term partnership with current owner
Altor Fund V (“Altor”) has signed an agreement to acquire a majority stake in Multi-Wing Group (“Multi-Wing”) and enter into a partnership with the owners and management. Altor will support Multi-Wing on its continued growth journey and the current owner will remain a significant shareholder.Founded in 1938, Multi-Wing is a global market and technology leader in customized axial fans for HVAC/R and engine cooling applications. Headquartered in Denmark, Multi-Wing has a truly global presence, including 13 production centres, three development centres and several sales sites across North