The transport company Marius Christensen og Sønner A/S continues at Jens Konrad A/S

The family business Marius Christensen & Sønner A/S has been running a haulage business in Ikast for almost 100 years. Most recently under the management of director and owner Bo Marius Christensen, who is the third generation.

Now the company has changed owner. The owners of Jens Konrad A/S, also a family-run haulage business in the neighboring municipality of Silkeborg, have completed a strategic acquisition of Marius Christensen & Sønner A/S.

However, the red trucks from Ikast will still be seen on the roads, as Marius Christensen & Sønner A/S will in future be a sister company to Jens Konrad A/S.

Expansion of transportation business

Claus Bruun and John Klindt have been Bo Marius Christensen's advisors in the sale of the family business.

The structured sales process involved a broad buyer dialog with several interested parties in the industry, resulting in Jens Konrad A/S acquiring 100 percent of the shares.

Partner at Business Broker Klindt describes:

"Marius Christensen has very strong competencies in asphalt transportation. This is an expertise that Jens Konrad has so far not been able to offer their customers, but when we approached and introduced that Bo Marius Christensen wanted to sell, the board and owner of Jens Konrad saw an opportunity for growth and synergy".

generational succession external buyer

The timing was good. Bo Marius Christensen's desire for generational succession an external buyer coincided with Jens Konrad's plans to expand the business. The acquisition of Marius Christensen & Sønner A/S is therefore a strategic purchase. The new ownership adds a larger geographical home base and another area of expertise to Jens Konrad's specialties, which already include silo transport, freight transport, and contractor transport.

Salesperson Bo Marius Christensen is satisfied with Business Brokers :

"It means a lot to me that the corporate culture of the buyer also rests on credibility and sober agreements, as our company has always done. I therefore trust that the spirit of Marius Christensen og Sønner will live on at Jens Konrad".

The seller looks back on a sales process that has run like clockwork:

"The estimated timeframe outlined by Business Brokers at our initial meetings has been accurate throughout. The process has been handled very professionally."

Good progress in the business transfer

From Business Brokers , the sales process has also been characterized by good momentum.

"The sale of Marius Christensen og Sønner A/S is based on a good and constructive dialog between buyer and seller all the way from first contact to completed transaction," says John Klindt.

Bo Marius Christensen continues on the board of Marius Christensen & Sønner A/S and will also become a consultant for the company.

"After the handover process, I will make my experience available to develop the company and contribute with outreach sales," says Bo Marius Christensen.

MARIUS CHRISTENSEN & SØNNER A/S

Jens Konrad A/S
acquired Marius Christensen & Sønner A/S

Task: Sale of the company.

Solution: After a structured sales process with broad buyer dialog, local colleague Jens Konrad A/S was preferred as the new 100% owner.

Result: The seller has achieved the desired solution for the timely generational succession Marius Christensen & Sønner A/S, ensuring the future development of this long-established company. At the same time, the buyer has achieved a strategic expansion of its business area.

Marius Christensen & Sønner A/S is a medium-sized haulage company that mainly provides services to the asphalt segment.

Business Broker advised the seller.

Bo Marius Christensen emphasizes three things:

  • Business Broker extensive financial insight
  • Business Brokers was the right one. It was clear that they have extensive experience in negotiating.
  • Business Broker been good at decoding the spirit of our company.