25 September 2024

SH GROUP PARTNERS WITH MENTHA TO CONTINUE GROWTH JOURNEY

Mentha has acquired SH Group (SHG), a global leader in the development of complex smart handling solutions for the Maritime and Defence industries. This partnership marks the beginning of a new growth phase for SHG, as it aims to strengthen its market share in existing sectors and accelerate its growth in the expanding Defence industry.

Founded and headquartered in Svendborg, Denmark, SHG is a leading global developer and service partner in complex handling solutions for the Maritime and Defence industries. With over 400 employees and full in-house engineering and production capabilities, SHG delivers high-quality solutions that meet the high standards of its blue-chip customer base and demanding end markets worldwide.

SHG’s product and service portfolio features a wide range of solutions, including launch and recovery systems, lifting equipment, equipment movers, boat handling systems and hangar/stern doors. These solutions are designed to operate in challenging environments, ensuring reliability and performance in harsh weather conditions. Learn more about SHG’s solutions here.

Over the past twelve years, SHG has partnered with Copenhagen-based BWB Partners. During this period, SHG leveraged its deep industry knowledge and engineering capabilities and introduced the innovative containerized multi-mission Cube™ system. This development paved the way for the company’s entry into the Defence industry, opening new opportunities for both existing and future smart handling solutions and services.

The company's executive team, led by Kaare Vang Jensen, Mikkel Obling and Rene Bertelsen will continue to steer SHG through the next chapter. They are confident in the significant growth potential of SHG and enthusiastic about the new partnership, stating: “We are thrilled to embark on this journey with Mentha. With the support of Mentha we will continue to attract and retain top talent in our workforce, further develop our core solutions and accelerate organic growth to achieve our ambitious strategic goals”.

As an active partner, Mentha is well positioned to support SHG’s growth with its team of investment professionals based in Amsterdam, Antwerp and Copenhagen. Together, SHG and Mentha aim to further solidify SHG’s position as a global leader in complex smart handling solutions for the Maritime and Defence industries.

Jacob Østergaard Bergenholtz, Partner at Mentha Denmark, adds: “We see substantial value in SHG’s culture and their passion for innovation. The management team has ambitious plans to scale the business and Mentha is committed to supporting them in achieving their goals”. This partnership marks Mentha’s third platform investment in Denmark.

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