Morten Breum-Leer and Bine Skriver Svenningsen have advised the owners of Dancolor A/S (now Vilak A/S) on the sale of the company to Vestjysk Industrilakering A/S.
For 35 years, the Them-based company Dancolor A/S has built a position as Denmark's largest powder coating company. Thanks to their high professional level, they have made significant technology investments and developed both a modern processing plant and industrial powder coating technology. The employees possess specialized competencies within powder coating and the company has thus been a major supplier to the powder coating market in Denmark for many years. Over the years, they have built up a good reputation as a supplier of quality products.
Generational change to competitor
The company is now handed over to a new owner-manager, Vestjysk Industrilakering A/S, who wants to preserve and develop Dancolor A/S in the coming years. A sale to Vestjysk Industrilakering A/S, which is a long-standing competitor, is a bit of a balancing act in the entire sales process. Both in terms of confidential information and because it requires mutual trust between the parties. For Morten Breum-Leer and Bine Skriver Svenningsen, it has therefore been important throughout the process to maintain openness, a high level of information and plenty of time to achieve sufficient confidence in the sales process.
Dancolor A/S continues as an independent company, an independent brand and with independent management and staff from the company's address in Them.
Competent and business-oriented advice
At CLEMENS, we have extensive experience in advising all types of businesses on mergers and acquisitions, succession planning and restructuring. We provide the right team so that quality, availability and time consumption go hand in hand.
Contact us for a non-binding discussion if you are considering buying or selling a business or are facing a generational change.