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.