Kaj Larsen A/S has acquired Odsherred El-Service A/S to enhance its service offerings and achieve significant growth in the Danish electrical services market.

Information on the Target

Kaj Larsen A/S, led by Director Jan Larsen, has acquired Odsherred El-Service A/S, a reputable installation company within the local area. This purchase follows the strategic addition of new competencies to the ownership group, aimed at ensuring the company's future growth. Odsherred El-Service A/S is recognized for its skilled workforce and commitment to quality service, boasting a dedicated team of 11 employees. The acquisition is expected to generate significant value for both companies and enhance customer experiences.

The long-time owner and manager of Odsherred El-Service, Dan E. Jensen, has made the decision to sell the company due to health concerns. He emphasized the importance of transitioning the business to a robust local entity capable of maintaining the high standards and service quality that clients have come to expect. Jensen expressed confidence that Kaj Larsen A/S would preserve the legacy of Odsherred El-Service while providing stability for both employees and customers.

Industry Overview in the Target’s Specific Country

The electrical services industry in Denmark has experienced notable growth in recent years, driven by an increasing demand for sustainable energy solutions and smart home technologies. As both consumers and businesses become mor