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REMONDIS International acquired a majority stake in the company M. Larsen Vognmandsfirma A/S at the beginning of this year. REMONDIS already disposes over a broad network at sites in the fields of water management, the recycling economy and industrial services in Northern Europe. Also a family-owned company with a long, rich tradition from Germany, REMONDIS is the ideal partner for M. Larsen.
M. Larsen is one of the leading waste-economy enterprises in Denmark. The company was founded in 1947 as a family-run business in the field of waste recycling and is headquartered in Bröndby (Copenhagen). M. Larsen operates several sites on the islands of Zeeland, Lolland and Falster as well as on the Jutland peninsula. The current owner, Claus Barslund, was looking for a strong partner with wide-ranging international experience in the field of recycling to foster the future strategic development of his enterprise. Mr. Barslund will be remaining with the company in the future as well as part
of the management in order to ensure the continuity of
M. Larsen‘s activities.
The region of Copenhagen is an important site and bridgehead to Scandinavia.
The acquisition offers REMONDIS the opportunity to strengthen its foothold in a country with a strong economy and very high standards in the area of the waste economy. REMONDIS has already been active in Denmark for many years in the field of metal recycling with its subsidiary TSR. The take-over provides REMONDIS the opportunity to further optimise the business model of M. Larsen, a highly reputed company in Denmark, and expand its market presence in Denmark and Scandinavia while strengthening a sustainable recycling industry. M. Larsen works both in the field of municipal waste removal as well as in the collection of commercial waste. In the field of municipal waste removal, M. Larsen offers services for a total of more than 1.3 million inhabitants. In the field of commercial waste collection, the company turns over around 100,000 tons of waste each year.
Mr. Larsen employs almost 700 staff members at 15 sites in Denmark, using 344 commercial vehicles to render its services there. For the owner up until now, Claus Barslund, it is especially important that Mr. Larsen carries out its activities in the future as a family-run enterprise as well. As a result of the growing size and geographical expansion of M. Larsen‘s activities, he considers REMONDIS to be the right partner in order to meet challenges and effectively develop new business opportunities.
Family tradition provides the common foundations.
Hendrik Vonnegut, managing director of REMONDIS International, underscores the importance of Denmark to REMONDIS‘ business in Northern Europe. Mr. Vonnegut appreciates the high standards that M. Larsen sets in the area of the recycling economy and environmental protection.
“With this acquisition, we have penetrated
a market that is of enormous importance to
our pan-European business strategy.“
Hendrik Vonnegut, REMONDIS International managing director
Mr. Larsen‘s notions of waste management and material recovery are very similar to those of REMONDIS already today. “With this acquisition, we have penetrated a market that is of enormous importance to our business strategy for Europe as a whole. We want to further expand our activities in the Scandinavian market with M. Larsen, and with our wide-ranging international experience also make a contribution to the further development of the already advanced level of the recycling economy all over Scandinavia.“