Lyreco has entered into an agreement to acquire the shares in Lomax A/S for an undisclosed amount. Lomax’s leading B2B e-commerce position in Denmark has enabled the company to continuously outgrow the market in the last decade. This transaction allows Lyreco as an international player to capitalise on the e-commerce capabilities in Lomax and distribute the knowledge on a European scale. In addition, Lomax’s strong SME base with focus on direct sales will complement Lyreco’s position within contract sales to large and public companies nicely.
Lomax was founded 60 years ago and is a leading Danish online one-stop-shop for business essentials with three main product categories: i) Office supplies ii) Furniture and iii) Technology. 90.000+ business customers shop with Lomax and the company handles 600,000+ orders annually. From its headquarter in Frederikssund and with its 200+ employees, Lomax strives to make it as easy as possible for Danish businesses to source their business essentials in one convenient location.
Lyreco, a privately owned company since 1926, is an international distributor of workplace products and services. The group directly operates in 25 countries in Europe and Asia. Lyreco’s employees share a common mission: Pioneers in delivering sustainably what any workplace needs, so that its people can focus on what matters most. Lyreco is headquartered in France and employs 12,000 employees.
Carnegie acted as financial adviser to the owners of Lomax A/S in the sale to the international office supplier Lyreco S.A.S. Lomax is a leading online one-stop-shop for business essentials in Denmark and has achieved double digit growth annually for more than 10 years.