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New Deal


Announced

Lyreco to acquire Lomax.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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furniture

Rental Services: Consumer

Acquisition

kitchen equipment

Majority

office supplies

Single Bidder

Denmark

Pending

Cross Border

Private

Friendly

Synopsis

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Lyreco, a distributor of workplace products and solutions, agreed to acquire Lomax, a provider of office and warehouse products. Financial terms were not disclosed. “We are pleased to have found a match with Lyreco, a major player in our industry. Lomax has been on a remarkable transformation journey. Over the last decades, we have strengthened our position in the SMB direct sales segment in Denmark by focusing on customers’ experience and succeeding in our digital transformation. When the deal gets approved, we will continue the initiated journey for all our customers," Kenneth Borup, Lomax CEO.

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