Horten has assisted Østerbro Tømmerhandel with the divestment of activities related to three branches at Zealand to Brejnholt Søborg A/S.

Brejnholt Søborg A/S is part of the Brejnholt group, which is a family and employee-owned timber group with approx. DKK 2.0bn in annual revenue and 400 employees. With the transaction, XL-BYG Brejnholt takes over the branches Østerbro Tømmerhandel, Søborg Tømmerhandel and Vejby Tømmerhandel.

Horten has advised the sellers in connection with the transaction. Horten's M&A team was led by partner Alessandro Traina, assisted by attorney Christian Vesterling, attorney Cecilia Engel and assistant attorney Diana Bojaj.

Contacts

Alessandro Traina

Partner

Christian Vesterling

Attorney

Cecilia Engel

Attorney

Diana Bojaj

Assistant Attorney