Censor has acted as advisor and project manager on behalf of the sellers in connection with Sertion's acquisition of IPC Industriprojekt.
Target
IPC Industriprojekt AB manufactures and assembles piping systems, tanks, and pressure vessels, as well as steel structures and other metal and piping solutions. The company is certified under ISO9001:2015, ISO3834-2, and EN1090 exc 2 and has a strong customer base in the process, chemical, and oil industries.
Since its founding, IPC has demonstrated strong growth and profitability, with a customer base consisting of well-renowned companies. Manufacturing takes place at its own facilities in Stenungsund, where the company offers high-quality, customized solutions.
Buyer
Sertion is a group of expert companies within pipework and plumbing. Sertion’s focus is design, installation, and service of water, heating, sanitation systems, industrial piping, and energy gas solutions. Sertion is headquartered in Örebro. The group has 600 employees and a turnover of 1.5 billion SEK. Sertion secures the flow in buildings and businesses, enhancing efficiency, sustainability, and quality of life. Sertion is majority-owned by Consolid Equity.
