Press release -
JYSK Nordic and Dänisches Bettenlager join forces
The family owning Lars Larsen Group has after careful consideration decided to merge JYSK Nordic, which operates 1,287 stores in 20 countries, and Dänisches Bettenlager, which operates 1,283 stores in 7 countries, into one business unit.
”We have concluded that one big entity will be more competitive in a market which is generally characterised by fewer but bigger competitors,” explains Chairman Lars Larsen.
Current CEO & President of JYSK Nordic, Jan Bøgh, will be overall responsible for the new JYSK, and for the Executive Management Team, which will make decisions across the group.
”I believe that JYSK will be significantly strengthened by the decision to continue as one business unit, and I look very much forward to my new role. After having worked in JYSK Nordic in 24 years, with 20 years as CEO, I know that part of the business very well. Now I look forward to getting to know Dänisches Bettenlager equally well to ensure that the new business unit will be a combination of the best from both organisations,” says Jan Bøgh.
Joint management
Concerning the current Management of Dänisches Bettenlager Director Aage Nielsen has agreed to temporarily become part of the new joint purchasing organisation, where he will contribute with his knowledge and experience before retiring as planned.
The other member of the management of Dänisches Bettenlager, Director Ole Nielsen, will be part of the senior management of the new combined business unit, and he will step in as part of the Executive Management Team, which will be expanded to nine members. Ole Nielsen will be appointed Executive Vice President Retail DBL Region, and he will furthermore step in as Country Manager of Germany.
Head office in Denmark
It has been decided that the new combined head office will be located in Brabrand near Aarhus, but that does not mean that Däniches Bettenlager´s head office in Handewitt in Germany will be closed.
”It is extremely important that we are able to keep the great employees from Dänisches Bettenlager, as they have a huge knowledge about the company and a lot of necessary competences. Basically this merger is not about reducing the current number of staff. It is about combining the best of two successful business units,” explains Jan Bøgh.
Within the coming weeks a number of working groups consisting of key employees from JYSK Nordic and Dänisches Bettenlager will be established to work on creating the future structure of the group on a more detailed level.
Topics
JYSK is an international chain of stores with Scandinavian roots that sells everything for the home. The first store opened in Denmark in 1979, and today JYSK has over 2,700 stores and 23,000 employees in 51 countries. In Germany and Austria the stores are called Dänisches Bettenlager – in the rest of the world JYSK. JYSK is owned by the Danish tradesman Lars Larsen, who owns a number of companies with a total annual turnover of 4.02 billion EUR. JYSK's turnover is 3.577 billion EUR.
