Lars Larsen Group completed the acquisition of a 25% stake in IIP Denmark from PKA.

Lars Larsen Group, an investment company, completed the acquisition of a 25% stake in IIP Denmark, an independent manager of private equity investments, from PKA, a labour market pension fund. Financial terms were not disclosed. ”We are pleased to enter into this new long-term partnership with PKA and IIP. We deeply respect PKA and IIP and are certain that our shared values will provide a strong foundation for the continued development of IIP. We are impressed by what has already been accomplished and look forward to contributing to realising the potential together with IIP’s skilled employees and PKA,” Daniel Albæk, Lars Larsen Group Executive Vice President and Chief Investment Officer.