Extract from Family-Owned Watchlist

The below story was originally featured in our Weekly Family-Owned Watchlist update - a part of M&A Insights. Selected stories, including this one, are posted to our website with a few weeks of delay.
Lerche-Simonsen`s pig producer Eskelund is sold to family Rauff
September 23, 2020
0
Revenue (EUR 000')
385.3
EBITDA (EUR 000')
0.0%
3Y Sales CAGR
Denmark
Country
Farming
Industry
Gitte Eskelund Lerche-Simonsen
Key Shareholder ("KS")
45
Age of KS (estm.)
None
Next generation's role
Back in February 2020, we reported that family Lerche-Simonsen`s pig producer Eskelund was set for sale. The company is now acquired by the family Rauff, also a specialized pig producer. Eskelund is one of Denmark's largest pig producers based in Vestfyn and reported DKK 28m in gross profit and EBITDA of DKK 12m in 2019, compared with gross profit of DKK 17m and EBITDA of DKK 3m in 2018.
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