Capidea sells Budweg Caliper

Capidea and the other shareholders in Budweg Caliper A/S ("Budweg") have finalised a sale of 100% of the shares in Budweg to BBB Industries. Budweg is a leading company in Europe within remanufacturing of used brake calipers and the company develops, produces, remanufacturers and sells brake calipers to the independent aftermarket.

Capidea is a Danish private equity fund making long-term investments in competitive small and medium-sized Danish companies. Capidea was established in November 2006 and has a total capital commitment of approximately DKK 2.3 billion / EUR 305 million in three funds. 

BBB Industries is an industry leader in the sustainable manufacturing of starters, alternators, hydraulic and air disc brake calipers, both hydraulic and electric power steering products, and turbochargers for aftermarket industries. Founded in 1987, BBB Industries is a private company headquartered in Daphne, 
Alabama.

The core team consisted of Thomas Holst Laursen, Morten Stig Ottesen, Kasper Erikslev Lolk-Hansen and Josephine Fischer Kjærulff.