STARK Group expands its footprint in the southern part of Denmark
With the acquisition, STARK Group increases its presence at Lolland-Falster, two islands in the southern part of Denmark, from three to four branches, with a special focus on improved distribution. Lolland-Falster has historically experienced low growth rates, but with the construction of the Danish-German tunnel connection under the Baltic Sea, the Fehmarnbelt tunnel, increased activity and growth are seen in the entire area.
STARK Group already has a pick-up shop at the Fehmarnbelt construction site.
XL-BYG Nakskov Trælastkompagniet was founded in 1967 and employs more than 50 employees. Frederik Hjørne-Christensen is the 2nd generation in the company and continues as branch manager.
"STARK is the right owner, who both has strong values that align with those that have worked so well for XL-BYG Nakskov Trælastkompagniet, and who, with its size, can develop the business further. It benefits both the employees and the customers, which is crucial for me," says Frederik Hjørne-Christensen, owner and manager of XL-BYG Nakskov Trælastkompagniet.
CEO of STARK Group, Søren P. Olesen, says:
"I am grateful that a strong, family-owned builders’ merchant considers us a good owner, and I am happy to be able to welcome 50 new colleagues. It is a strong team with good relationships in a local market, facing an interesting construction development. We are sure that we will be a good partner for the craftsmen in the local area with our broad product range and focus on distribution and that this can push for positive development in a region with potential."
Kaspar Bach HabersaatGroup Chief Communications OfficerTel:+45 4092 firstname.lastname@example.org
About STARK Group
C. F. Richs Vej 115
+45 8252 2600https://starkgroup.dk
STARK Group is a leading business-to-business distributor of heavy building materials for the construction industry in Northern Europe, with a strategic focus on serving the professional builders. STARK Group has net sales of approx. EUR 6 billion and serves c. 10,000 suppliers and 275,000 customers from its 550 locations. Headquartered in Denmark, STARK Group has approx. 12,500 employees in Germany, Austria, Denmark, Sweden, Finland, and Norway. The Group has doubled in size over the last couple of years through acquisitions and organic growth, and today, it holds a leading national or regional position in all markets.
About STARK Danmark
STARK is Denmark's largest retailer and distributor of building materials with 84 branches in Denmark and Greenland. STARK offers a wide range of services for both contractors and professional craftsmen. The company employs more than 2,500 employees and is part of STARK Group, which with approx. 12,500 employees in the Nordics, Germany and Austria and net sales of approx. 45 billion DKK is a leading distributor of building materials in Northern Europe.
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Latest releases from STARK Group
STARK Group expands with another acquisition in the Austrian market31.3.2023 10:00:00 CEST | Press release
With the acquisition of family-owned Schilowsky Baumarkt und Baustoffhandel KG, the company is expanding its presence in Austria's largest cities, including Vienna, Graz and Neuenkirchen.
STARK Group opens second 24/7 branch in Denmark27.3.2023 08:00:00 CEST | Press release
STARK is opening its second 24/7 branch. This time in Aalborg, Jutland, thus giving customers access to building materials and tools around the clock. The construction industry is a dynamic industry, and by offering flexibility and availability around the clock, the company makes it easier for craftsmen to build and meet deadlines.
STARK Group completes major acquisition in the UK in great time1.3.2023 08:30:00 CET | Press release
The separation of Saint-Gobain Building Distribution UK Ltd. has been completed following an accelerated process. STARK Group A/S enters the UK market ahead of plans.
John Carter appointed new CEO of STARK Building Materials UK Ltd.1.3.2023 08:30:00 CET | Press release
Former CEO Mike Newnham has decided to step down when Saint-Gobain Building Distribution UK becomes part of STARK Group A/S. John Carter replaces Mike Newnham effective today, 1 March 2023.
STARK Group strengthens its position in Denmark22.2.2023 12:00:00 CET | Press release
XL-BYG Faxe Trælast & Proffcenter becomes part of STARK Danmark. The current CEO and employees will continue at STARK and firmly believe that a wider product range and better logistics solutions will benefit their customers.
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