Coop Danmark

OK acquires part of
Coop Danmark


OK acquires part of Coop Danmark

In an agreement between Coop amba and the energy company OK, Coop Danmark receives new capital of DKK 2bn.

The agreement reinforces the retailing group’s finances and will make Coop Danmark profitable and competitive again. As part of the agreement, the partners make a capital injection of DKK 2bn into Coop Danmark to strengthen the company’s existing grocery brands SuperBrugsen, Kvickly, Brugsen and 365discount.

Following approval at Coop amba’s national council on 19 April 2024, the agreement will be subject to the approval by the Danish Competition Authority.

Accura advised OK as lead counsel in connection with the transaction.