VL Staal a/s has been acquired by Poujoulat SA

January 2013 — VL Staal a/s, one of the leading producers of freestanding steel stacks in Europe delivered throughout the continent through dealers and agents, has been acquired by Poujoulat SA for an undisclosed consideration.

With the purchase of VL Staal, Poujoulat SA gets direct access to optimal and effective manufacturing facilities and an organization and employee force that have performed successfully over many years. An essential part of the sale process was to maintain VL Staal's status as one of the leading companies in Europe in the design and manufacture of large steel stacks for industrial use. With its future position as part of Poujoulat SA, VL Staal gains access to important marketing and sales resources, which can strengthen the company further in the coming years.

Poujoulat SA is a family-owned group headquartered in Granzay-Gript, France. The group has production sites in France and sales companies throughout Europe. The President of the Poujoulat group, Mr. Frédéric Coirier, will become Chairman of the Board at VL Staal a/s. Mr. Jørgen Damm will stay as Managing Director and together with the company’s employees he ensures a continued positive development of the company and of the synergies between the Poujoulat group and VL Staal.

Our role in the transaction

Oaklins' team in Denmark advised the seller in this transaction.