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Semler Agro acquires 51 pct. of Herborg Maskinforretning
April 30, 2019

Semler Agro, a subsidiary of Semler Gruppen - the largest importer of cars in Denmark, has acquired Herborg Maskinforretning to become the single distributor of John Deere in Denmark. Semler Agro owned 75 pct. of John Deere distribution prior to the deal. Herborg Maskinforretning reported a gross profit of DKK 52.7m and EBITDA of DKK 20.9m in 2017. The deal value is undisclosed.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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