MALMOS, a leading Danish landscaping company, has taken a decisive step in its strategic development by becoming part of the idverde family. idverde is the largest European landscaping business and will provide MALMOS clients and employees with additional capabilities and specialised knowledge as it continues to develop.
MALMOS will continue to be headquartered in Roskilde and will not be rebranded. Its existing organisational structure of executive board, management team and employees will also continue. MALMOS’ current owners will remain shareholders by investing in idverde Group alongside other managers of the Group.
Hervé Lançon, CEO of idverde, commented:
“This development is another important step in idverde’s European expansion strategy, demonstrating our ability to enter and operate in all major European landscaping markets. By partnering with the MALMOS team we have the opportunity to enter Denmark, which is one of the most developed markets in Europe, with the support of a highly talented and respected team. We have known the MALMOS team for several years and our complete alignment on the values and vision of the landscaping services industry is clear. We could not hope for a better partner to grow our presence in Denmark.”
Morten Dohrmann Hansen, CEO of MALMOS, added:
“Becoming part of the idverde family is an important strategic milestone for MALMOS as we become part of Europe’s leading landscaping company. Together we will be able to position MALMOS even more strongly in the Danish market and offer clients an enhanced service. We become part of a family with strong values and the shared passion for landscaping and green cities. We are proud of the partnership and are looking very much forward to working together with the strong idverde team.”
The transaction is expected to close in Q1 2020. Nordic M&A was the exclusive financial advisor to the shareholders of MALMOS in connection with the transaction and Lundgrens was the legal advisor. Mazars and TVC were financial and legal advisors to idverde respectively.
With c. 100 employees MALMOS is a leading landscaping company on the Danish market. The success of MALMOS is built on a foundation of more than 60 years of expertise within complex landscaping. MALMOS has managed the landscaping on many noteworthy Danish projects including Amager Bakke (Copenhill) and Carlsberg Byen. MALMOS realised revenue of c. DKKm 210 in 2018.