Corporate Express has acquired Møller & Landschultz A/S, a business-to-business office products distributor in Denmark which employs 66 people. The company is expected to realise 2007 revenue of approximately EUR 18 million.
Møller & Landschultz A/S, based in Espergærde near Copenhagen, has a strong presence in the Copenhagen area with large and mid-size customers. Peter Damman, President Corporate Express Europe commented: ‘The acquisition provides a unique opportunity to expand our geographic coverage in the Nordic region. It is a big opportunity to enlarge our presence in the Danish market and a good platform to unlock synergies with our Corporate Express branch in Denmark. The transaction will enable us to improve our offering to international customers and leverage central services, merchandising and other areas such as transport and warehousing.’
Last year Corporate Express acquired a leading market position in the Nordic Region with the acquisition of Andvord Tybring-Gjedde (ATG). Corporate Express is the number one B2B operator in Sweden and Norway.