Tag: KMD

NEC to acquire Denmark’s largest IT company KMD Holding ApS for about 8 billion Danish Kroner (approx. US$ 1.2 billion)

Jan 1, 2019

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g_fasol

in Japanese investments in EU, M&A

NEC Corporation announced on December 27, 2018 the acquisition of Denmark’s largest IT company, KMD Holding ApS, the holding company of KMD A/S for about 8 billion Danish Kroner (approx. US$ 1.2 billion) from the private equity group Advent International. This acquisition is in line with NEC‘s “Mid-term Management Plan 2020” to shift NEC towards…