Erhvervsinvest acquires Gasa Group

Erhvervsinvest bought the company from Danish agricultural group DLG for an undisclosed amount.

Erhvervsinvest partner Thomas Marstrand told unquote" that the GP acquired a stake of 80% in the firm, with DLG retaining 20%.

Gasa will focus on organic growth, with no intention of making further acquisitions, and will continue to expand in eastern European markets, Marstrand added.

Company
Founded in 1929 as a fruit, flowers and vegetable auction co-operative, Gasa is headquartered in Odense, Denmark.

The firm reported a 2016 turnover of DKK 2.4bn.

People
Erhvervsinvest – Thomas Marstrand (partner).
Gasa Group – Niels Søren Rasmussen (CEO).
DLG – Lars Sorensen (CFO).

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• Erhvervsinvest