Latest news

  • SENG plans to close down in Sweden

    SENG plans to close down in Sweden

    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.

  • Lars Larsen Group invests in PKA’s asset manager IIP Denmark and becomes anchor investor in the manager’s future funds.

    Lars Larsen Group and PKA join forces to invest in private equity

    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.

  • “Expanding into Africa has been a long-term goal for JYSK, and today we are proud to make it a reality with our first stores in Casablanca." President and CEO of JYSK, Rami Jensen.

    JYSK opens in Morocco marking first entry in Africa

    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.

  • "This year's result demonstrates that as a group, we can navigate the challenges we meet and seize the opportunities that arise." President and CEO of Lars Larsen Group, Jesper Lund.

    Lars Larsen Group presents record revenue and sustains ambitions of growth

    Lars Larsen Group sets a new revenue record for the financial year 2023/24 and delivers its second-best result before tax.
    The total revenue of Lars Larsen Group reached DKK 48 billion in the financial year 2023/24, an increase of six percent compared to the previous financial year. The increase in revenue is especially due to the performance of the largest subsidiary in the Group, JYSK.
    Col

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