Salix Group acquires Timberman A/S.

Salix Group has signed an agreement to acquire all shares in Timberman A/S, a market-leading supplier of flooring in Denmark. The acquisition is an add-on acquisition that strengthens Salix Group’s presence in Denmark.

Timberman was founded in 2001 in Denmark and is today a leading supplier of flooring solutions for both private homes and commercial environments. With a successful distribution network, strong brands, and high-quality products, Timberman holds a strong position as a leading player in its industry. Its robust position in the Danish market, combined with Salix Group’s established presence in Sweden, creates a solid platform for continued growth in the Nordic region. As part of Salix Group, Timberman will gain access to an expanded sales network, while Salix Group strengthens its product range and its position as a full-service supplier.

“We are pleased to acquire Timberman, a well-renowned company with a strong position in the industry. Timberman complements our operations excellently, creating a stronger geographical presence through Timberman’s position in the Danish market and our established strength in Sweden. With this acquisition, we also strengthen our product portfolio while seeing significant potential in jointly building an even stronger Salix Group,” says Martin Hansson, CEO of Salix Group.