About Aalborg Industries
Aalborg Industries is an Industrial Goods & Manufacturing company based in Aalborg (Denmark) founded in 1919, and was acquired by Altor Equity Partners in July 2005. Supplier and manufacturer of boilers, burners, heat exchangers and inert gas systems. Aalborg Industries has raised $980.82 thousand across 2 funding rounds from investors including IFU and Altor. Its chief executive, as recorded, is Jan Vestergaard Olsen. Its focus areas include Energy and Oil & Gas Equipment.
Company details
Established in 1919 in Aalborg, Denmark, Aalborg Industries operates within the marine and industrial engineering sector. Boilers, burners, heat exchangers, and inert gas systems are produced and distributed by the company to support maritime and energy applications. Operations are centered in Denmark, with products serving global clients in shipping and power generation. Leadership is provided by CEO Jan Vestergaard Olsen, overseeing manufacturing and supply chain activities.
- Headquarters Aalborg, Denmark
- Stage Acquired
- SectorsIndustrial Goods & Manufacturing
- Website aalborg-industries.com
- Social LinkedIn
- Acquired by Altor Equity Partners (Jul 2005)
- Total Equity Funding$980.82K (USD)
in 2 rounds
- Latest Funding Round$980.82K (USD), Private Equity Round
Jun 1991
- InvestorsIFU
& 1 more
- Acquired byAltor Equity Partners
(Jul 2005)
Funding Insights of Aalborg Industries
Aalborg Industries has successfully raised a total of $980.82K across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round of $980.82 thousand completed in June 1991. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $980,823
- Total Rounds 2
- Last Round Private Equity Round — $980,823
- First Round $456,590
(Jun 1991)
- Investors Count 1
All 2 funding rounds of Aalborg Industries with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
2 investors in total: 2 institutional.
Investors in Aalborg Industries
Aalborg Industries has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include IFU and Altor.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investment firm | 1967 | ifu.dk | Copenhagen, Denmark | |
Altor is engaged in private equity investments across multiple sectors. | altor.com | Stockholm, Sweden |
Investor details for Aalborg Industries
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Aalborg Industries
10 people are tracked at Aalborg Industries (1 in leadership, 9 in team).
| Name | Role | Group |
|---|---|---|
Jan Vestergaard Olsen | CEO | Leadership |
Rico Sujarwanto | Commissioner | Team |
Bent Zakariasen | Manager | Team |
Alex Aalborg | Inspetor Da Qualidade | Team |
Alison Miyasaki | Control And Automation Engineer | Team |
Bing Li | IT Operation | Team |
Bruno Matos | Coord. Planejamento | Team |
Jorge Lima | Inspetor/mecânico De Manutenção Industrial | Team |
Rogerio S Castro | Técnico De Segurança Do Trabalho | Team |
Kwi-Seob Jeon | Manager | Team |
Complete people profiles for Aalborg Industries
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Aalborg Industries
3 dated milestones of Aalborg Industries across 86 years, from founding to its latest funding, stage changes and deals.
- Founded Aalborg Industries is founded.
- Funding First funding round of $457K.
- Exit Acquired by Altor Equity Partners.
Web traffic of Aalborg Industries
Websites that share an audience with Aalborg Industries (aalborg-industries.com).
Websites whose visitors overlap most with Aalborg Industries. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
hurstboiler.com | hurstboiler.com | 100% | #2,688,887 | – | |
parkerboiler.com | parkerboiler.com | 97% | #5,435,257 | – | |
ajaxboiler.com | ajaxboiler.com | 96% | – | ||
abco.dk | abco.dk | 65% | #7,410,925 | – | |
cainind.com | cainind.com | 59% | #8,681,952 | – |
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Frequently Asked Questions about Aalborg Industries
Aalborg Industries was founded in 1919 and raised its 1st funding round 72 years after it was founded.
Aalborg Industries is headquartered in Aalborg, Denmark.
Jan Vestergaard Olsen is the CEO of Aalborg Industries, as recorded in our data.
Aalborg Industries is a funded company, having raised a total of $980.82K across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $980.82K, raised on Jun 1991.
Established in 1919 in Aalborg, Denmark, Aalborg Industries operates within the marine and industrial engineering sector. Boilers, burners, heat exchangers, and inert gas systems are produced and distributed by the company to support maritime and energy applications. Operations are centered in Denmark, with products serving global clients in shipping and power generation. Leadership is provided by CEO Jan Vestergaard Olsen, overseeing manufacturing and supply chain activities.
Yes. Aalborg Industries was acquired by Altor Equity Partners in July 2005.