Actona and Interstil are merging

Two of the largest furniture companies in Denmark, Actona Company A/S and Interstil A/S, are merging, becoming one of the largest furniture suppliers in Europe with a total turnover of over DKK 1.7 billion.

The two companies already have the same owner, in the form of Lars Larsen Group, which has been a co-owner of Interstil A/S since 2004 and which became the majority shareholder in Actona Company A/S in 2015.

“Interstil and Actona have each built up a strong international market position in furniture with a modern design. The two companies’ ranges complement each other well, and I am certain that the merger will allow us to offer our customers even better solutions in future,” says Torben Skov Villadsen, CEO of Actona Company A/S.

Huge opportunities Torben Skov Villadsen will continue as CEO of the new merged company, which will move forward under the name Actona Company A/S and will continue to have its head office at Actona Company’s present address in Tvis near Holstebro.

The current employees of Interstil and Actona will be offered jobs in the new company, and Torben Skov Villadsen is looking forward to their collaboration. “I am looking forward to working with the skilled managers and employees who have helped to develop Interstil. I am certain that they can ensure the continued success of the company together with the employees at Actona, who I have worked with for many years,” says Torben Skov Villadsen. This also applies to the CEO of Interstil, Henrik Althoehn Henriksen, who in connection with the merger has chosen to retire from day-to-day management to make time for a number of other projects. However, Actona Company will continue to benefit from his knowledge and experience as he is joining the board of directors.

Like Torben Skov Villadsen, Henrik Althoehn Henriksen is very pleased with the merger, which has the best possible foundation in the form of two companies with very exciting products.

“After several challenging years, Interstil is now in a very positive development phase. This is something the employees of Interstil have good reason to be proud of, and I’m looking forward to contributing to the development of the new merged company,” says Henrik Althoehn Henriksen.

The merger of the two companies enters into force on 1 September 2017.

About Actona: Actona Company A/S is one of the largest furniture companies in Northern Europe and employs approximately 1,200 people globally. Its headquarters are in Tvis near Holstebro in Denmark and it has its own production facilities in China and Ukraine. Actona Company A/S supplies leading furniture chains around the world with all types of furniture. The company designs, produces and sells contemporary design furniture to customers in over 80 countries.

About Interstil: Interstil A/S has a wide range of quality furniture, designed by inhouse and external designers. Its product range is devoted to selected key accounts throughout most of the world. Interstil has its headquarters in Horsens and subsidiaries and branches in Sweden, China and Vietnam. The company employs approx. 170 staff worldwide.

LARS LARSEN GROUP Lars Larsen is owner and founder of JYSK, whose origins lie in Scandinavia. The first store opened in Denmark in 1979; today, the group has over 2,507 stores and 22,000 employees in 48 countries. In Germany and Austria, its name is Dänisches Bettenlager – but the company is known as JYSK in the rest of the world. LARS LARSEN GROUP is the parent company for, among others, Bolia.com, IDEmøbler, ILVA and the garden furniture manufacturer Scancom. The total turnover of the LARS LARSEN GROUP is DKK 27.3 billion.

For further information please contact:

Torben Skov Villadsen +45 20661540, E-mail: villadsen@actonacompany.com

Henrik Althoehn Henriksen +45 24863280, E-mail: hah@interstil.dk

 

PRESS RELEASE IN GERMAN: Actona and Interstil fusionieren