Frode Laursen acquires Elementtransporten A/S
With the acquisition of Elementtransporten A/S Frode Laursen A/S strengthens its activities within transportation and logistic solutions to the building sector.
Today Elementtransporten A/S is a significant part of the transportation of concrete panels in the Danish market. The company has at its disposal 180 special trailers, which are used to distribute concrete panels to building sites and builders’ merchants.
Included in the agreement are logistic and transportation solutions for significant suppliers of concrete panels.
Willingness and ability to acquire
The acquisition strengthens Frode Laursen’s activities within logistic and transportation solutions to the building sector, where one is already in a strong position in the Danish market.
With this acquisition we are improving our concept within logistics and transportation to the building sector,’ says Managing Director of Frode Laursen, Thorkil Andersen,
’We are confident that a continued consolidation in the sector will occur. Frode Laursen has a willingness and ability to be active as a purchaser of both larger and smaller transportation companies, with a good business foundation and talented employees.’
Frode Laursen is the right choice
Director Jakob Knudsen from the company Tinglev Elementfabrik adds:
’Frode Laursen is amongst the leading operators within transportation and logistic solutions to the building sector, and we have determined that they are right ones to acquire Elementtransporten,’ says Jakob Knudsen from Tinglev Elementfabrik.
Greater need for vehicles
Furthermore, Frode Laursen considers that the transport market has already increased its activity after a period of excess capacity. ‘There is need for more vehicles now,’ says Thorkil
Facts about Frode Laursen:
•The Frode Laursen group is one of the Nordic countries leading suppliers of logistic solutions to the consumer goods market and the building sector.
•Frode Laursen has a head office at Vitten in Århus.
•The group has an annual turnover of 1,300 million DKK and has 1100 employees in
Denmark, Sweden, Finland and Poland.
•The Frode Laursen group has at its disposal 700 haulage units and a 330,000 m2 warehouse distribution centre in Scandinavia.
•Frode Laursen has in recent years invested in highly specialised IT solutions for the operation of warehouse distribution centres, where customers place great demands on quality, efficiency and traceability.
For more information, contact:
Thorkil Andersen, Managing Director
Frode Laursen A/S
Tel. +45 87646448 / +45 40640579