Lars Larsen Group adjusts its strategic direction
As part of Lars Larsen Group’s continued development and growth, and to highlight the importance that JYSK naturally holds within the group, adjustments are made to the way the group is presented.
As part of Lars Larsen Group’s continued development and growth, and to highlight the importance that JYSK naturally holds within the group, adjustments are made to the way the group is presented.
As part of Lars Larsen Group’s ambition to contribute to growth and value for society, the company has decided to invest in forestry and the establishment of new forests in the Baltics. The investment will be made in collaboration with Dalgas, which has successfully operated in the Baltics for many years
After nearly a decade of joint ownership and successful growth, the two family-owned companies have agreed that Jørgen Schou Holding will acquire Lars Larsen Group's share of Schou Company.
A challenging market characterised by strong competition means that the Lars Larsen Group-owned retail-chain, SENG, plans to close its Swedish stores down. At the same time, the subsidiary Sengetid.dk will close.
Two of Denmark’s major investors are partnering to invest in private equity. Lars Larsen Group acquires a stake in the asset manager IIP Denmark, established and owned by the pension fund PKA. Simultaneously, Lars Larsen Group will invest a minimum of DKK 7.5 billion in IIP’s funds through to 2032. PKA continues as primary owner of and the largest investor in IIP.
Today, on 10 April 2025, JYSK opens the first two stores in Casablanca, Morocco. The opening not only establishes JYSK’s presence in Africa but also marks a significant milestone as the company expands into its 50th country.
ScanCom International welcomes Alexander Falter as new Chief Executive Officer of the outdoor furniture production company.