OptiGroup acquires Stadsing in Denmark
OptiGroup AB has acquired 100% of the shares of Stadsing A/S. The transaction was completed following the approval by the Danish competition authority. Through this acquisition, OptiGroup will further strengthen its Nordic position in the segment of cleaning and facility management supplies. The purchase price has not been disclosed.
Stadsing is one of the leading suppliers of cleaning, hygiene and facility supplies to customers in Denmark. The company is headquartered in Aalborg, and has a gross profit of approximately EUR 12 million and 70 employees. The company has developed very successfully as a family business, and will continue to be led by Karsten Stadsing as CEO together with his brother Henrik Stadsing.
“We are very pleased to add Stadsing to OptiGroup as it will provide a much stronger presence for us in Denmark, as well as a successful range of private label products. Karsten and Henrik are true entrepreneurs with dedicated customer focus and we really look forward to welcoming them and all the Stadsing employees to our group.” Christoph Sander, Executive Chairman and CEO of OptiGroup.
“Stadsing has been our family business for many years and it has been very important for us to find the right long-term home for it. With OptiGroup we share both values and business philosophy and we truly look forward to continue developing Stadsing in Denmark and abroad with the resources of OptiGroup supporting that development.” said Karsten Stadsing, CEO and previous co-owner of Stadsing.
For further information, please contact:
Sören Gaardboe, Chief Operating Officer, OptiGroup, Tel. +45 242 86700
Karsten Stadsing, CEO, Stadsing A/S, Tel. +45 20 30 17 30
Stefan Sikander, Corporate Communication Director, OptiGroup, Tel. +46 706 404684
OptiGroup is a leading European business-to-business distributor of business essentials in Facility Solutions, Packaging & Safety Solutions, Printing & Creative Solutions and Reseller Solutions. OptiGroup companies specialise in offering products and services that streamline operations for their customers and promote a more successful business. The Group, with net sales of EUR 1.5 billion in 2016 and 1,900 employees, supports more than 65,000 customers in 19 countries across Europe.