Announced
Financials
Sources
Tags
furniture
Rental Services: Consumer
Acquisition
kitchen equipment
Majority
office supplies
Single Bidder
Denmark
Pending
Cross Border
Private
Friendly
Synopsis
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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