DLA Piper acted as counsel to DS Gruppen on the divestment to GOLDBECK

news
05 Apr 2022
Cases

DS Gruppen A/S with production and sales subsidiaries has been sold to the German company, GOLDBECK GmbH, a family-owned leading construction and services company in Europe. DS Gruppen will be the growth engine for both DS Gruppen's and GOLDBECK's upcoming expansion in Northern Europe.

DS Gruppen is one of Scandinavia´s leading industrial groups in the production and sale of steel and concrete solutions for construction and industry, being a professional business partner in every aspect.

Headquartered in Hobro, Denmark, all of the group's companies function as independent entities that are market leaders in each of their business areas. In recent years, DS Gruppen has realised an annual growth in turnover of on average 15% and in 2020/21 DS Gruppen achieved a total turnover of roughly EUR 300 million and a pre-tax profit of EUR 37 million. In addition, DS Gruppen has a historically high order backlog that extends several years ahead. The company employs more than 600 people

DLA Piper advised the sellers of DS Gruppen on all legal aspects in connection with the transaction with the M&A team consisting of Jan Børjesson, Nicholas Lerche-Gredal, Nikolaj Schmidt Nielsen and Søren Dejnbjerg Jensen

Read more about the transaction here: Home (ds-gruppen.dk) and https://www.berlingske.dk/business/dansk-milliardkoncern-solgt-til-tysk-gigant