Losberger divests: Concentration on core business
Investment is followed by divestiture: Losberger De Boer sells parts of its business to management. Jochen Groth and Ralf Schrenk take over Losberger Cover All from the parent company.
The management buyout is a further step by Losberger De Boer to focus on its core business of temporary and semi-permanent spaces, namely in the event business.
Almost two years ago to the day, the two competitors announced the acquisition of De Boer by Losberger, creating a giant in the temporary space business with 330 million euros in sales. The market for temporary structures is highly competitive in Europe, and Losberger De Boer has decided to continue focusing on its core business with the sale of Losberger Cover All.
The management buyout is the result of a strategic evaluation. It showed that Losberger Cover All is better positioned as an independent company with its core business of producing warehouses.
