THE SALE OF DALHOFF LARSEN & HORNEMAN A/S’ PROPERTY IN HÄSSLEHOLM AND THE MAJORITY OF ITS SWEDISH OPERATIONS TO MOELVEN WOOD AB HAS BEEN COMPLETED.


Herlev, 2016-11-21 11:29 CET (GLOBE NEWSWIRE) --  

The announced sale on DLH Sverige AB's property in Hässleholm and the majority of the company's Swedish operations to Moelven Wood AB has today been completed.

Dalhoff Larsen & Horneman A/S continues as previously announced to serve a number of customers in Sweden through the central warehouse, logistics and purchasing function in Denmark.

Divestment of the Swedish activities is not expected to affect Dalhoff Larsen & Horneman A/S expected results for 2016.
 

Dalhoff Larsen & Horneman A/S will now repay all its debts to banks and then have a cash reserve of approximately DKK 15 million.

         Inquiries concerning this announcement can be made on telephone no. +45 41 95 38 29.


Attachments

20 2016 THE SALE OF DLH AS PROPERTY HÄSSLEHOLM AND  THE MAJORITY OF ITS SWEDISH OPERATIONS TO MOELVEN WOOD AB ARE IMPLEMENTED.pdf