Danish Technological Institute acquires Danfysik A/S

January 2009

Unique technological competencies remain in Denmark of benefit to the Danish industry and export trade.
Danish Technological Institute has today acquired 27 key staff members and the accelerator, magnet and power supply activities of Danfysik A/S in Jyllinge.

Danfysik was founded in 1964 in cooperation with physicists from Aarhus University.

It is a fascinating business with outstanding key competencies within accelerator technology for high energy physics and development of modified surfaces for the industry. During the past 40 years the company has gained wide experience and has worked on several high technology development projects in cooperation with leading universities abroad explains Søren Stjernqvist, CEO of Danish Technological Institute.

Unique competencies are valuable abroad
Danfysik is the only company of its kind in Denmark. The services and products are sold on the global market to advanced end-users, mainly universities and research laboratories. Most of the production has been outsourced.

We are very pleased that by acquiring Danfysik A/S we help ensuring that these competencies and activities remain in Denmark, says CEO Søren Stjernqvist.

The fact that it was Danish Technological Institute which became the owner of Danfysik A/S pleases Bjarne Roger Nielsen, CEO of Danfysik A/S.

Danish Technological Institute is a strong strategic owner with a good understanding of and high respect for our knowledge and technological competencies. We will still be independent technologically as well as businesswise but I am confident that we together with our new owner will enter a constructive cooperation which will result in new and profitable technological achievements in the future, says Bjarne Roger Nielsen.

It is expected that Danfysik with renewed focus on its original core business can make good results.
It is also expected that Danfysik together with Danish Technological Institute can break new ground through commercializing research and development results., especially within high technological materials.

Danish Technological Institute is the owner of all shares of the new Danfysik A/S.

For further information please contact CEO Bjarne Roger Nielsen, Danfysik A/S on +45 46 79 00 37 or e-mail brn@danfysik.dk – or Andras Splidt, Danish Technological Institute on +45 72 20 20 06 or e-mail andras.splidt@teknologisk.dk. You may also want to check www.teknologisk.dk.