HL Display (HL) has signed an agreement to acquire pr trading-Flekota A/S (pr trading), its distribution partner in
pr trading (founded in 1968) has a long and successful history as a trusted supplier of standard and custom-made display and in-store solutions to Danish grocery retail as well as non-food retailers and brand suppliers. Building on a shared ambition to create attractive and profitable in-store environments, the company has been a distribution partner of HL since the 1970s. pr trading today has 38 employees and a turnover of 160 MDKK, with a track record of strong growth.
"HL's profitable growth journey continues at a steady pace and is characterized by underlying good organic growth combined with a high acquisition rate of fine companies, precisely the type of deals that have great industrial synergies. Add-on acquisitions of this type are highly value-creating and an important part of Ratios' strategy. With the acquisition of pr trading, HL is taking yet another important step," says
"I'm delighted to announce our intention to acquire pr trading," says
The completion of the acquisition is subject to customary closing conditions, including approval by competition authorities, which is expected to be obtained during the first quarter of 2024.
About HL Display
HL is a global leader in in-store merchandising and communication solutions, helping customers to create a better shopping experience around the world. Founded in 1954, HL today is present in more than 70 countries and solutions can be found in 330,000 stores, supporting customers to grow sales, inspire shoppers, drive automation, and reduce waste. The three customer segments are retail food, branded good suppliers and non-food retail.
The company has 1,300 employees and net sales of approximately 2,000 MSEK.
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About Ratos
Ratos is a business group consisting of 17 companies divided into three business areas: Construction & Services, Consumer and Industry. The companies have approximately
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