Nimax Acquires Majority Stake in Domino Systems A/S
Deal News | Apr 02, 2025 | Finance Community IT - 1 Corporate M&A
Nimax, a producer of industrial machinery for coding, marking, inspection, and labeling solutions, has acquired a majority stake in Domino Systems A/S. This Copenhagen-based provider specializes in coding and marking, labeling, inspection, control, and color digital printing, mainly serving the Danish market. The transaction also involves Wichmann System Ltd., including its subsidiaries in East Africa. KON Group acted as the financial advisor, with Baker Tilly Denmark and others assisting in due diligence. Post-acquisition, Nimax continues on its strategic growth path, having previously acquired Nemesis in late 2023. Mikkel Wichmann remains CEO and a minority shareholder, alongside co-managers Steen Leerberg and Jesper Pedersen.
Sectors
- Industrial Machinery
- Financial Advisory
- Legal Services
Geography
- Italy – Nimax is an Italian company, and its strategic growth includes acquisitions in and outside Italy.
- Denmark – Domino Systems A/S is based in Copenhagen, Denmark, and serves primarily the Danish market.
- East Africa – Wichmann System Ltd., part of the transaction, is active in Kenya, Tanzania, and Uganda.
Industry
- Industrial Machinery – Nimax is a producer of industrial machinery, providing solutions for coding, marking, inspection, and labeling. Domino Systems A/S operates within the same market segments.
- Financial Advisory – KON Group served as the financial advisor to the acquisition, offering financial guidance and support during the transaction.
- Legal Services – Several legal firms, including Bach Njord Law Firm and Skau Reipurth, were involved in providing legal advisory services for the transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Nimax | Acquiring Company | Company | An Italian producer of industrial machinery focused on solutions for coding and marking. |
| Domino Systems A/S | Target Company | Company | A Danish company focused on coding, marking, and digital printing solutions. |
| Wichmann System Ltd. | Subsidiary | Company | Operates in East Africa and is part of the transaction involving Domino Systems A/S. |
| KON Group | Financial Advisor | Company | Provided financial advisory services for the Nimax-Domino Systems acquisition. |
| Baker Tilly Denmark | Financial and Tax Due Diligence | Company | Performed financial and tax due diligence for the acquisition. |
| Studio BP e Associati | Legal Advisor | Company | Provided legal due diligence and advisory services. |
| Skau Reipurth | Co-Legal Advisor | Company | Assisted with labor due diligence and legal advisory. |
| Bach Njord Law Firm | Legal Advisor to Sellers | Company | Advised the sellers on all legal, contractual, and corporate aspects of the transaction. |
| Mikkel Wichmann | CEO and Minority Shareholder | Person | CEO of Domino Systems A/S, maintaining a minority share post-acquisition. |