Den Sociale Kapitalfond Invest collaboration with the experienced businessman Ole Juul Jørgensen, Invest has bought the majority of the shares in the company Danpal A/S, a leading Danish manufacturer and recycler of wooden pallets.
The investment is part of a generational change, where Per Skov Jensen, director and co-owner of the company since 2005, is scaling down. Per Skov Jensen will continue to own part of the company and will remain on the board. The new CEO will be Christian Lisberg, who has been with the company for more than 25 years after starting out as a forklift driver, and is also a co-owner today. In addition to Christian Lisberg and Per Skov Jensen, Danpal’s Sales Director Lars Jensen and Chief Accounting Officer Jeanette Borch will continue in the circle of owners together with Den Sociale Kapitalfond Invest and Ole Juul Jørgensen as new Chairman of the Board.
With the sale, Per Skov Jensen wants to carry out a generational change that can future-proof Danpal as one of Denmark’s leading suppliers of wooden pallets:
“As a CEO for many years, it is important to me that Danpal secures and strengthens its competitiveness in both Denmark and Germany, but also in new emerging markets. I am sure that will happen with Den Sociale Kapitalfond Invest and Ole Juul Jørgensen on board, which is a strong partnership that adds solid experience in business development,” says Per Skov Jensen.
Strong focus on social responsibility
Danpal has a strong CSR profile and has for many years had a strong focus on both environmental efforts and social responsibility. The company is a leader in the recycling of wooden pallets, which saves large amounts of CO2 for customers. Danpal also has a strong tradition of employing people from the margins of the labour market. Danpal’s new CEO Christian Lisberg will continue the social focus:
“Social and environmental responsibility means a lot to us in management – and is something we consider to be a growing competitive parameter. With Den Sociale Kapitalfond Invest , we have gained an investor who stands for the same values and the same way of doing business and can help us become even better in this area as well,” says Christian Lisberg.
A number of professional investors and funds such as The European Investment Fund. The Danish Growth Fund, TryghedsGruppen and the Novo Nordisk Foundation are behind Den Sociale Kapitalfond Invest, which is worth DKK 289 million and invests in companies with a profile similar to Danpal that have economic growth potential and take social responsibility.
“Danpal is a well-run company that offers concepts and solutions that meet high demands on price, quality, timely delivery, flexibility and increasing demands for social responsibility and environmental considerations – and this matches our approach very well,” says Lars Jannick Johansen, Managing Partner, Den Sociale Kapitalfond Invest.
About Danpal A/S
Nationwide company with departments in Karlslunde, Fakse and Vamdrup, which produces, recycles and sells a wide range of pallets, including returnable pallets, disposable pallets and pallet frames.
Danpal’s largest market is Denmark, but also has sales to Germany and customers include companies such as Haldor Topsøe, Novo Nordisk, Novozymes, Fleggaard, Abena, etc.
Danpal has a gross profit of around DKK 30 million annually and has approx. 30 employees – of which 15-20% have joined the company from the edge of the labour market.