Erhvervsinvest acquires GASA Group

GASA Group, an Odense, Denmark-based company that imports and exports flowers, fruits, and vegetables, announced that its owner, the DLG Group, is selling its controlling interest (80% of the shares) to the investment company Erhvervsinvest.

The divestment of GASA Group, which has the financial details undisclosed, is part of DLG’s strategic focus on its core business, and is is the latest in a series of divestments focused on the DLG Group’s activities in its three core business areas: Farm Supply, Vitamins & Minerals and Service & Energy.

DLG has owned the company since 2007.

The GASA Group has 50% ownership of Container Centralen A/S, which is jointly owned with the Dutch industry association for flowers and plants, Veegeecee B.V. Container Centralen is the leading logistics operator for rolling reusable transport containers for the “green” sector in Europe and the US.

GASA Group was founded in 1929 as a fruit, flowers and vegetable auction co-operative, the multinational company is headquartered in Odense. Now the company is a leading distributor of potted plants and floral concepts in Europe – from plant seed to end product at the consumer. The company is active in all European markets and is represented by its own sales organisation in Denmark, the Netherlands, Germany, Poland and Hungary. 

GASA was established as a group through a merger of Denmark’s largest plant and flower export companies in 2004 and has been a subsidiary of DLG since 2009. GASA has approx. 430 employees in Europe, 270 of whom work in Denmark.