FL-Group explained

FL-Group is a Danish family-owned transport and logistics company, active in the Northern part of Europe. The FL-Group's main segment is FMCG (fast-moving consumer goods).

Activities

The main areas of business:

The primary area is logistics in the Northern part of Europe and transport between Scandinavia and the rest of Europe.

The company headquarters is in Vitten, northwest of Aarhus, Denmark.

Group companies

The FL-Group includes:

Frode Laursen A/S: represents the largest part of the activities of the FL-Group and includes FMCG logistics in Scandinavia and Northern Germany with its own warehouse. Frode Laursen A/S offers pickup from factories in Europe to either stores or warehouses in the Northern part of Europe through own warehouses and distribution centers. In addition, the company has activities within building materials in Scandinavia and Germany.

IN-STORE A/S: offers among other things product demonstrations, shelf replenishment, building campaign exhibitions and analysis of time spent in supermarkets.

Nielsen & Sørensen - Frode Laursen GmbH: The core business is silo and recycling movements in Scandinavia and Germany.

Skanol A/S: One of the largest transporters of dangerous goods by truck in Denmark and with operations in Sweden and Norway.

Agri Norcold A/S: Agri Norcold has the Northern Europe's largest FMCG cold store in Vejen and a total of 750,000 m3 cold stores in Denmark spread across 8 locations.

Description of the individual segments

Turnover

FL-Group's total turnover:

YearTurnover in EUR
2008 188 million
2009 188 million
2010 309 million
2011 268 million
2012 295 million

Locations

History

1948: 'Road carrier Frode Laursen from Vitten near Hinnerup, Denmark founded his own transport company under the name "Vitten Heste & Kreaturtransport".

1970: 'Frode Laursen signs an agreement on transport and distribution of FMCG for Dansk Supermarked and Frisko, and the company is converted into a limited company.

1980: 'Road carrier Frode Laursen dies, and his son Niels Laursen becomes director of Frode Laursen A/S.

1988-89: 'Thorkil Andersen buys in 1988 half the shares of Frode Laursen A/S, he and Niels Laursen becomes directors of the company. The year after Thorkil Andersen buys the remaining shares of the company and becomes the sole shareholder. Niels Laursen retires from the company.

2000: 'The first warehouse is established in Jyderup and Frode Laursen A/S can now offer storage space for grocery suppliers. 70% of IN-STORE is acquired.

2001: '50% of Skanol is acquired. Storage in Vejle for trailers and building materials are established.

2005: 'New warehouses in Jyderup and Angered (Gothenburg) are built.

2006: 'Warehouse in Aastorp (Helsingborg) is established.

2007: 'Department and warehouse in Kerava (Helsinki) is established. FL Polska in Szczecin starts up.

2010: 'Acquisition of logistics company Nielsen and Soerensen GMBH in Flensburg, the warehouse Pack Scandinavia in Odense and the transport company Elementtransporten A/S.

2011: 'Established in Oslo, Norway

2012: '57% of the share of Agri Norcold A/S is acquired.

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