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DLH A/S has been acquired by Treschow Fritzøe and Ljunghold

DLH A/S has sold all its operating activities to a consortium consisting of the Norwegian company Treschow Fritzøe AS and the Swedish company Ljunghold AB.

DLH is one of the largest, oldest and most experienced importers and distributors of wood-based panel products in Scandinavia. Since its inception in 1907, the company has built close relationships with leading suppliers of wood-based panel products in the global market. DLH delivers products to the construction trade industry and DIY retailers. In 2018, the company generated revenues of US$50 million and an EBIT of US$1.1 million.

Treschow Fritzøe AS owns 100% of Fritzøe Engros AS in Norway as well as Ceos AB and Skivspesialisten AB in Sweden. In a joint ownership with Ljunghold AB, it also owns Ljungberg Fritzøe AB in Sweden. The group's primary activity is import and distribution of wood-based panel products, and the group is the market leader in Scandinavia with total revenues of US$210 million in 2019.

Oaklins' team in Denmark has been the sole financial and strategic advisor to the listed Danish company DLH A/S on the sale of all operating activities of DLH to a consortium consisting of the Norwegian company Treschow Fritzøe AS and the Swedish company Ljunghold AB. Oaklins' team in Norway introduced the buyer.

Service
M&A sell-side
Parties
“The sale of DLH’s wholesale activities concludes a three-year focused and very successful turnaround process which included a strategic review in 2019. As our M&A advisor, Oaklins has significantly contributed to achieving a very satisfactory result.”

Michael Hove

Chairman of the Board, DLH A/S

Talk to the deal team

 Kim Harpøth Jespersen

Kim Harpøth Jespersen

Partner

Copenhagen, Denmark
Oaklins Denmark
 Mads  Thomsen

Mads Thomsen

Director

Copenhagen, Denmark
Oaklins Denmark
 Mikkel  Ulstrup

Mikkel Ulstrup

Senior Associate

Copenhagen, Denmark
Oaklins Denmark
 Lars Vetle Vislie Willums

Lars Vetle Vislie Willums

Associate

Oslo, Norway
Oaklins Norway

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