Moelven acquires DLH's Swedish operations. The acquisition of DLH's Swedish operations will bring strong growth for Moelven Wood in Sweden. Specifically, it provides a local presence in Skåne and the southern parts of Sweden.
Mikael Axelsson, CEO of Moelven Wood AB, says that the acquisition also provides a strong platform for the further expansion of a cost effective distribution arrangement both for the building materials trade and industrial customers.
The CEO of DLH Sweden AB, Michael Skovbo Bühlmann, says the takeover is being made through a so-called acquisition of assets and liabilities.
“The acquisition mainly consists of stock, property - comprising warehouse buildings totalling 23,000 m2 and office space of 600 m2 as well as the equipment belonging to the business. The acquisition by Moelven means that DLH will now cease its operations in Sweden but we will maintain a few customer contracts, which will be coordinated with the operations in Denmark,” says Michael Skovbo Bühlmann.
Moelven Wood AB will consequently continue to conduct and develop the operations in Hässleholm. This means that seven people currently working with stock management at the facility in Hässleholm will be offered employment with Moelven Wood AB.
Moelven Wood AB takes over the business on November 21st, 2016.
Moelven Wood in Sweden produces and trades in wood-based building and interior fitting materials and has a leading position within the selling and distribution of products to the building materials trade and industrial customers.
DLH Sverige AB is owned by the Danska DLH Group (Dalhoff Larsen & Horneman A/S). The main business is the wholesaling of wood-based sheet materials, which is run from its office and warehouse in Hässleholm in Skåne.