Davidsen Tømmerhandel, part of Finnish group Kesko, has seen its turnover rise to 296.8 million euros (approximately 2.2 billion DKK) in the first half of 2025, compared with 1.3 billion DKK in the same period last year. The growth follows three strategic acquisitions: Roslev Trælasthandel, CF Petersen & Søn, and Tømmergaarden.

Kesko, which owns 90 percent of Davidsen, has invested around 2.6 billion DKK in Denmark since acquiring the timber company in 2023. CEO Jorma Rauhala stated that the acquisitions "significantly strengthen" Kesko's position in the Danish building materials market, increasing its market share to almost 20 percent.

Davidsen now operates 48 stores in Denmark, plus a branch in Nuuk. The company has expanded its fleet to around 50 yellow trucks to maintain fast delivery times and ensure direct control over the supply chain. CEO Henrik Clausen highlighted that in an increasingly online market, drivers "are often our face to customers."

Despite challenging market conditions, including low consumer confidence and a slow recovery in construction, the acquisitions and gradual market improvement have supported both revenue and operational performance for the company.
 
Source: interiordaily.com