Polaris Divests Twister

Polaris divests Twister to Diversey, a global leading solutions provider to the cleaning and food safety industry, recently acquired by Bain Capital. Twister is the global leader in diamond-impregnated floor cleaning pad solutions with sales in over 50 countries. With Polaris as an owner, Twister has more than doubled its sales and profit as a…

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Appointment of new CEO at Scandinavian Track Group

Polaris is happy to announce the appointment of Per-Arne Engström as the new CEO of Scandinavian Track Group. Per-Arne will assume office as of February 1st 2018. Please find press release below: English (click here) Swedish (click here)

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PWT successfully issues 5-year DKK 275 million senior secured bond

PWT has successfully placed a 5-year DKK 275 million senior secured bond, which will be listed on Nasdaq Stockholm within 60 days of the issue date. The bonds will bear a floating rate coupon of 3 month Cibor + 5.50 per cent, with interest paid quarterly. The transaction was well received by the market. Please…

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Polaris annual investor day 2017

Polaris hosted its annual investor day on Tuesday 5 September 2017. The day offers an opportunity for Polaris Investors to meet with the managements and companies of Polaris portfolio investments. The day finished with a social event celebrating the winners of the annual Polaris prizes within growth, margin expansion, net working capital, strategic repositioning and…

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What does Configit software actually do?

For all those of you who are not familiar with the power of configuration software or why it is used, check out this configurator demo from Configit: demo.configit.com/BikeShop2/Default.aspx The configurator helps the customer of a bike shop design a bike that can actually be built, and explicitly provides valid options for the remaining components that…

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Molslinjen is opening a bus route between Aarhus and Copenhagen

Molslinjen has recently launched an express bus route between Aarhus and Copenhagen together with Herning Turist. The route will be named Kombardo Expressen and will have 44 departures per week. Tickets are available from 99 DKK and the trip will take around 3 hours. Please find press release below: Danish (click here)    

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Molslinjen’s new ferry has arrived

Molslinjen’s new ferry, Express 3, has been built in Tasmania, Australia and measures 109 meters in length and 30 meters in width. The ferry has a total capacity of 415 cars and approximately 1,000 passengers and will primarily be used on the larger morning and afternoon departures between Aarhus and Odden. Express 3 left the harbour in…

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Molslinjen’s fourth high-speed ferry is in production

Just as Molslinjen’s newest high-speed ferry, Express 3, is crossing the Indian Ocean on its way from Tasmania, the first aluminum plate for another high-speed ferry, Express 4, has been cut in Australia. The Chairman of Molslinjen, Frantz Palludan, was the first person to press the start button on the CNC machine which cut the first…

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Louis Poulsen’s CEO Christian Engsted resigns

Louis Poulsen’s CEO Christian Engsted has decided to resign from his position due to personal reasons. Christian will continue as part-owner and will become member of Louis Poulsen’s board of directors. The board, management and the employees all thank Christian for his great commitment, professionalism and contribution in Louis Poulsen and wish him the best…

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