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Announced

12 Apr 2024

OK completed a €270m investment in Coop.

Synopsis

OK, an energy comany, completed a €270m investment in Coop, a grocery chain operator. “With OK, Coop Danmark has found the right partner. We both have roots in the cooperative movement, and we already collaborate around OK’s fuel and electric-charging stations. In addition, OK comes with strong competencies in grocery retailing," Kræn Østergaard Nielsen, Coop Danmark CEO.

Principals

target

COOP

bidder

Ok A.m.b.a

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Market Context

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Seller Team (2)

kø

kræn østergård nielsen

CEO at COOP

Manager

target

Deals

£ 228 M

Total Value

christian lundgren

Partner at Kromann Reumert

Lawyer

target

Deals

£ 31.13 B

Total Value

Bidder Team (3)

michael love

CEO at OK A.M.B.A

Manager

bidder

Deal

£ 228 M

Total Value

thor skov jorgensen

CFO at OK A.M.B.A

Manager

bidder

Deal

£ 228 M

Total Value

jeff gravenhorst

Chairman at OK A.M.B.A

Manager

bidder

Deal

£ 228 M

Total Value

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