LGT Logistics.
LGT Logistics is, since the 1970’s, the leading Nordic full-service furniture logistics provider offering warehousing and distribution of furniture goods within, to and from the Nordic countries. The company has a market leading position thanks to its extensive distribution network, being an integral part of the Nordic furniture industry as the hub between producers, exporters, importers, retailers and e-commerce players.
Value creation plan.
- Strengthen the organization and board to drive a growth-oriented business plan
- Improve operational excellence and increase focus on sales and marketing
- Increase focus on new opportunities such as last mile deliveries
- Optimize cash flow generation
Tibro, Sweden
Headquarters
John Riis, Denmark
Niklas Danielsson, Sweden
CEO
Chairman
SEK ~850m
Sales
~390
Employees
~75%
Litorina’s ownership
Litorina IV
Fund
2015
Year of acquisition
Paul Steene,
Kristian Holmström
Investment team
Website