The Danish timber and building materials chain Davidsen saw its revenue rise sharply in 2025, primarily due to a series of acquisitions, according to the Kesko Group's annual report. Kesko, which owns 90% of Davidsen, reported revenue of DKK 5.29 billion, an 87% increase compared with the previous year. Adjusting for acquisitions, organic growth was more modest at 10%.
© Davidsen Tømmerhandel
During 2025, Davidsen integrated three major acquisitions, Roslev Trælasthandel, CF Petersen & Søn, and Tømmergaarden, adding 26 new departments across Denmark. CEO Henrik Clausen emphasized that the year combined both operational expansion and integration, attributing the solid results to staff dedication and effective management.
Integration costs impacted the bottom line, with the annual report noting a burden of €5.7 million (approximately DKK 42 million). Market conditions in the second half of the year also slowed growth relative to expectations.
Looking ahead, Kesko expects the Danish construction market to gradually recover in 2026, supporting further growth for Davidsen. The company plans to continue enhancing digital tools and logistics across its 48 local departments, aiming to strengthen efficiency and competitiveness in the domestic building materials sector.
Davidsen's performance highlights the strategic role of acquisitions in expanding market presence, while ongoing operational improvements and market recovery are expected to underpin performance in the coming year.
The chain now operates as a unified entity, positioning it for continued growth in Denmark's building materials market.
Source: www.wood-supply.dk
