Announced

Treschow Fritzøe-led consortium to acquire operating activities of DLH.

Synopsis

Treschow Fritzøe-led consortium agreed to acquire operating activities of DLH, a supplier of timber, wood products, builders' materials, tools, and fittings. Financial terms were not disclosed. “The sale of DLH's wholesale business completes a 3-year targeted and very successful turnaround process, where after some turbulent years with massive deficits and very high debt, the DLH group first had to be wound up and then restore a Danish operation with profitable growth." Michael Hove, DLH Chairman.

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