ILVA A/S has been acquired by IDdesign
May 2009 — Lagerinn, the main shareholder of ILVA A/S, has sold the company's stores and activities in Denmark and Sweden to IDdesign. Financial details have not been disclosed.
ILVA is the second largest furniture retailer in Denmark with stores in Denmark, Sweden and Iceland. ILVA has about 360 employees and an annual turnover of US$105 million.
Headquartered in Sabro, Denmark, the IDdesign group is the largest retailer in Denmark within the furniture and home decoration sector, and holds a position as one of the largest furniture companies in Scandinavia. Since the opening of the first IDEmøbler store in 1969, the IDdesign brand has become the most recognizable furniture lifestyle brand in Denmark.
Our role in the transaction
Oaklins' team in Denmark was retained as the strategic and financial advisor to Lagerinn, the main shareholder of ILVA, in connection with their sale of ILVA.
Talk to the deal team
Related deals
PDC Wellness has sold Salon System to Professional Beauty Systems
PDC Wellness has successfully sold its Salon System and Just Wax brands to Professional Beauty Systems (PBS).
Learn moreTerhills Resort by Center Parcs has been acquired by TwentyTwo Real Estate
Terhills Resort, a premium resort in Belgium combining luxury and nature located near Hoge Kempen National Park and operated by Center Parcs, has been sold by venture capitalist LRM to TwentyTwo Real Estate, an independent real estate investor and operator. Both the real estate and the operations were included in the transaction, and Center Parcs is staying on board as an operational partner.
Learn moreIndigo Capital has acquired a minority stake in Vivason
Indigo Capital has acquired a minority stake in Vivason, a leading network of hearing care centers, to support the company’s growth and enable management to increase its ownership stake.
Learn more