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.
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.
For the 19th consecutive year, JYSK and Lars Larsen Group support the charity fundraising Danmarks Indsamling. This year, the two companies are donating DKK 2 million to help children in need.
Lars Larsen Group A/S, with the subsidiaries JYSK, Actona Group, BOLIA, ILVA, SOFACOMPANY and ScanCom International, has achieved validation and approval of its CO2e reduction targets by the internationally acclaimed Science Based Targets initiative.
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