Danish blade protection firm Polytech wins €135m backing

Danish blade protection solutions firm Polytech is due to receive €135 million investment that it believes will enable further technological development and international growth.

Norwegian private equity investor FSN Capital is due to buy a 40% share of Polytech with €135 million of backing.

Once the transaction is completed – within two to three months, pending approval  from EU competition authorities – FSN Capital will join growth equity investment firm Verdane (50% as co-owner, alongside smaller shareholders, including management figures (10%).

Polytech provides solutions for lightning protection, leading edge protection, sensor technology, wind turbine transportation and subsea cable protection.