CEO buys shares in successful cabinet company

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New co-owner of Aubo Production: Torben Andersen.

The family-owned manufacturer of kitchen and wardrobes, Aubo Production, has started a rejuvenation of management. The company’s CEO for nearly the past 5 years, Torben Andersen, has bought 25 percent of the shares in the factory.

Torben Andersen sees Aubo Production as a sound and future-oriented business, and the investment has reaffirmed his desire to participate in its continued development. Seller is manufacturer Jens Berthelsen, who founded Aubo Production in 1985. He will keep the rest of the shares and has so far no plans to resign.

Aubo Production manufactures customer-specific cabinet solutions for kitchens, bathrooms and wardrobes. The company is located in Aulum in Jutland and employs approx. 60 employees. The majority of sales are made in Denmark, while the export markets include, among others, Norway, Spain and Switzerland.

Aubo Production
Tel: +45 9747 3500
www.aubo.dk