John Blom Iversen passes on the baton with divestment of the majority of shares in Triscan a/s

John Blom Iversen passes on the baton with divestment of the majority of shares in Triscan a/s – Riverarch Equity Partners / APA Industries becomes new majority shareholder. Our main shareholder, current Chairman of the Board and former CEO of Triscan – John B. Iversen – and co-shareholder, current board member and former CFO – Bente Jørgensen, have decided to divest a major shareholding and resign from the Board of Directors. 

A model of Danish export success, Triscan a/s has achieved its solid growth purely through organic means. With the company approaching its 50th anniversary in 2026, founders John Blom Iversen, Bente Jørgensen, and CEO Michael Juul Hansen determined that the moment was opportune to find the right strategic partner. This has resulted in the family-owned firm welcoming A.P.A. Industries LLC (APA) as a new co-investor.

At Triscan, we are looking forward to the collaboration with APA and Riverarch. We enter into a mutually respectful partnership and are provided with resources to support our further growth and deliver additional value to our customers, Michael Juul Hansen, CEO of Triscan a/s

John Blom Iversen and the other shareholders from the management team, Asger Thybo Geertsen, Bo Schønfeld, Brian Lillelund Sørensen, Michael Juul Hansen and Morten Hallum, will continue to be part of the group of owners.

It is important to emphasize that the change in ownership will not affect Triscan's employees and customers. Triscan thus continues to serve spare parts wholesalers and distributors from their headquarters and central warehouse in Brabrand (DK) as well as its warehouses in Glostrup (DK) and Iserlohn (D).

A.P.A. Industries LLC
APA was founded in 1984 and has until 2023 – when Riverarch becomes co-owner and majority shareholder – been a family-owned company. APA is responsible for the production of more than 9,000 high-quality spare parts for European, American and Asian vehicles, which are marketed under two brands:

ÜRO Parts
Spare parts for European-made vehicles that meet or exceed OEM specifications. In the special ÜRO Premium line, modified spare parts are offered as an alternative to faulty OEM designs. ÜRO Premium products are covered by a lifetime warranty with unlimited mileage. Among the ÜRO Parts products, you will also find parts for classic vehicles, including a large selection of parts that are no longer available as OES.

Autotecnica
A wide range of quality spare parts for Asian and North American passenger cars and trucks - including spare parts for brakes, cooling, powertrains, electrical components, engines, fuel, HVAC, steering and suspension. Autotecnica is manufactured in accordance with the ISO/IATF 16949 quality assurance standard.
APA wants to contribute to Triscan's continued growth and sees great opportunities to exploit synergies between the two companies – including being able to be a door into their respective markets.

Riverarch Equity Partners
Founded in 2011, Riverarch has invested more than $1.5 billion in 39 platform companies in North America and Europe. Riverarch invests in market-leading companies, typically where a strong market position is evidenced by impressive financial performance. Among Riverarch's focus areas are companies that work with specialized production and value-added distribution.