What SP Group does

SP Group A/S is a Danish industrial group established in 1972 and headquartered in Søndersø, Denmark, operating as a B2B subcontractor that manufactures custom polymer components and finished products for world-class brands. The group runs 30 production facilities globally with 2,339 employees and sells into 98 countries, serving more than 1,000 customers across three primary verticals: Healthcare (41% of 2025 sales), Cleantech (29%), and Foodtech (12%), with the remaining 18% distributed across other industries. SP Group is publicly listed on OTC Markets under ticker SPGGF, led by CEO Lars Bering, and the company frames its 2030 growth strategy around these three verticals.

The company's technology stack is built around a one-stop-shop manufacturing model spanning eight core processes: precision injection moulding, blow moulding, glass- and carbon-fibre composite manufacturing (with in-mould coatings for UV and chemical resistance), polyurethane processing (including high-insulation PUR parts and ventilation chimneys), 3D printing/additive manufacturing, ISO-class cleanroom assembly and packaging, design support and engineering, and (post-Idé-Pro) functional prototyping and light-metal die casting. Healthcare is supported by ISO 13485 certification plus documented MDR and FDA regulatory support, and Foodtech by EU and FDA food-contact compliant materials. Pricing is quote-based given the custom-engineered nature of components; revenue is generated through one-time manufacturing contracts rather than subscription or licensing.

SP Group's business model is custom manufacturing services delivered through a direct global sales organization, with no disclosed resellers or platform intermediaries. The company supplements customer-specific subcontract work with its own innovative polymer products used across industries. In January 2026 SP Group acquired Idé-Pro BE Holding for approximately EUR 94 million (including debt), adding prototyping and die-casting competencies, additional Danish production sites, and an engineering centre in India, and concurrently ran a DKK 80 million share buy-back program from April 2025 to April 2026. The group's competitive positioning rests on regulatory certifications, embedded tooling/switching costs with customers, scale across 30 factories, and 50 years of process know-how.

Name

SP Group

Legal name

SP Group A/S

Website

https://sp-group.dk

Company type

Public

Founded year

1972

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

SP Group A/S is a Danish industrial group (founded 1972) operating 30 factories and 2,339 employees that manufactures custom polymer components (injection moulding, blow moulding, composites, polyurethane, 3D printing) for 1,000+ customers in Healthcare (41%), Cleantech (29%), and Foodtech (12%) across 98 countries.

Ownership category

akta.pro rank

Headquarters

HQ city

Søndersø

HQ country

Denmark

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Personnel, Supply Chain, Technology or R&D, Infrastructure

Revenue model

1. Custom Polymer Components Manufacturing: SP Group operates as a subcontractor providing customized polymer components to customers. The company produces custom polymer items for various industries including Healthcare, Cleantech, and Foodtech, with revenue distributed across customer groups: Healthcare (41%), Cleantech (29%), Other (18%), Foodtech (12%).

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

SP Group is a Danish industrial group of polymer producing companies that manufactures custom polymer components as a subcontractor. It operates a one-stop-shop model spanning injection moulding, blow moulding, composites, polyurethane processing, 3D printing, cleanroom assembly, and design engineering, serving primarily the healthcare, cleantech, and foodtech industries.

Product overview

SP Group is a Danish industrial group of polymer producing companies offering custom polymer solutions through a one-stop-shop manufacturing model. The company operates 30 factories across 98 countries and serves over 1,000 customers worldwide with expertise spanning multiple technologies including injection moulding, blow moulding, composites, polyurethane, and 3D printing. The product portfolio is organized around core manufacturing services (3D Print, Assembly, Blow Moulding, Cleanroom Production, Composite Manufacturing, Design Support & Engineering) and three primary industry verticals (Healthcare, Cleantech, Foodtech). As a subcontractor, SP Group supplies customized components to world-class brands while also producing innovative polymer products used across industries.

Differentiator

Problem solved

Functional benefit

Products and services

• 3D Print Additive manufacturing service for prototyping and production of plastic components using 3D printing technologies, available to industrial customers.
• Assembly Complete assembly service bringing together manufactured components into finished products for industrial customers.
• Blow Moulding Hollow plastic part manufacturing process using blow moulding technology for containers and housings.
• Cleanroom Production ISO-class cleanroom manufacturing for medical and healthcare components requiring sterile environments and packaging.
• Composite Manufacturing Glass- and carbon-fibre composite manufacturing for lightweight structural components in automotive, cleantech, and other industrial applications.
• Design Support & Engineering Product design and engineering support to optimize parts for manufacturability and performance, provided to industrial customers.
• Healthcare Polymer Solutions High-precision medical components, sterile packaging, and guide wires for the healthcare industry, including medical-grade injection and blow-moulded components, ISO-class clean-room assembly and packaging, and full regulatory support (ISO 13485, MDR, FDA).
• Cleantech Polymer Solutions Light-weight composites, high-insulation PUR parts, and ventilation systems for the cleantech industry, including PUR insulation caps, ventilation chimneys, glass- and carbon-fibre housings, and in-mould coatings for UV and chemical resistance.
• Foodtech Polymer Solutions Hygienic plastics, smart ventilation, and reusable packaging for the foodtech industry, including EU and FDA food-contact compliant materials, hygienic designs with easy-clean surfaces, and temperature-stable ECC500 ventilation and conveyor covers.

Quantifiable outcome

• Serving more than 1,000 companies daily
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

One partnership is on record.

• Idé-Pro BE HoldingcoreStrategic or Co-development Partner · 9 January 2026SP Group A/S acquired Idé-Pro BE Holding, a specialist in rapid prototyping and precision manufacturing, in a transaction valued at approximately 94 million euros including debt. The acquisition adds competencies in functional prototyping, injection moulding, EPP/EPS, and light-metal die casting while expanding SP Group's footprint through Idé-Pro's production sites in Denmark and an engineering centre in India. The deal was signed and closed simultaneously as part of SP Group's long-term growth strategy toward 2030.

Scale indicators9 records

Recent moves4 records

Expansion highlights5 records

Direct peers

• Tessy Plastics: US custom injection moulder serving medical, automotive, and industrial markets with high-precision moulding and assembly. Comparable to SP Group in custom high-mix moulding for regulated end-customers.
• Spectrum Plastics Group: US-based precision polymer manufacturer specialising in medical, food, and industrial applications with extrusion, injection moulding, and cleanroom capabilities. Comparable custom-polymer model serving regulated end-markets similar to SP Group's healthcare and foodtech verticals.
• Phillips-Medisize: Molex-owned medical and drug-delivery device manufacturer with injection moulding, cleanroom assembly, and full regulatory support (ISO 13485, FDA). Closest direct peer in medical-grade polymer components and cleanroom production that competes for SP Group's healthcare customers.
• Mack Group: US contract manufacturer of precision moulded plastic and metal components for medical, industrial, and consumer customers. Comparable integrated plastics manufacturing services with multi-process capabilities akin to SP Group's one-stop-shop positioning.
• Rosti Group: Swedish-headquartered contract plastics manufacturer offering injection moulding, blow moulding, and assembly across healthcare, cleantech, and consumer end-markets. Directly comparable to SP Group in custom polymer subcontractor model, European footprint, and vertical mix.
• Plastikon Industries: US contract manufacturer of injection moulded plastic components and assemblies for medical, automotive, and industrial OEMs. Similar custom plastics subcontractor model to SP Group with comparable high-mix, regulated customer base.

Broad incumbents

• AptarGroup: US-listed global supplier of dispensing systems, sealing solutions, and active material science for pharma, beauty, and food. Comparable in polymer dispensing/pump components and regulated end-market exposure, though Aptar is brand-led rather than subcontractor-led.
• Gerresheimer: German-listed global manufacturer of pharmaceutical, cosmetic, and food glass and plastic primary packaging. Overlaps with SP Group's healthcare and foodtech packaging exposure but at materially larger scale and broader product portfolio.
• West Pharmaceutical Services: US-listed global manufacturer of pharmaceutical elastomer, plastic, and metal packaging components and drug delivery devices. Overlaps with SP Group's medical-grade polymer and cleanroom packaging offerings but operates as an own-brand incumbent at much larger scale.
• Stevanato Group: Italian-listed manufacturer of pharmaceutical glass primary packaging and drug delivery systems with proprietary technology and global operations. Overlaps with SP Group in regulated pharma/medical packaging but operates at higher scale and vertical specialisation.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SP Group