Kaj Larsen A/S has acquired the plumbing company Smeden i Riis to enhance service quality and sustain growth, ensuring a seamless transition for its employees and customers.
Information on the Target
Kaj Larsen A/S, a portfolio company, has proudly announced its acquisition of the plumbing firm, Smeden i Riis. Known for its commitment to quality and exceptional customer service, Smeden i Riis operates with a skilled workforce of 11 employees. The company has built a strong reputation over the years for its reliable services, placing a strong emphasis on customer care.
After nearly 35 years at the helm, owner Niels Andersen has decided to step back and ensure the company's future sustainability. By selling Smeden i Riis to a reputable and robust organization, he aims to preserve the quality of the work environment for employees and maintain the high standard of service that customers have come to expect.
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Industry Overview
The plumbing industry in Denmark has seen steady growth, driven by increasing demand for maintenance and renovations in both residential and commercial sectors. With rising investments in infras
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Kaj Larsen A/S
invested in
Smeden i Riis
in 2023
in a Other Private Equity deal