Billeschou sold to Ardent Management

Transaction

Sell-side

Undisclosed

Role

Adviser to Billeschou on its sale to Ardent Management

Sector

Industrial & Chemicals

Region

Denmark

We have advised the owners of Billeschou, a manufacturer of stone worktops, on the sale to Ardent Management, a Danish investment company.

Founded in 1864, Billeschou is Denmark’s leading manufacturer of stone worktops, supplying the country’s largest kitchen and bathroom brands. Billeschou has strong expertise in worktops made of natural stone, ceramics, composite and related materials.

Billeschou has established itself as the market leader with a comprehensive range of stone-based worktops, from affordable options for price-sensitive customers to high-end solutions in premium stone. The broad product portfolio combined with a high level of service, short time-to-market and excellent product quality has resulted in high customer satisfaction and a good reputation in the industry.

Ardent Management, a Danish investment company focusing on long-term investments in fast-growing, competitive SMEs, is now entering a partnership with Billeschou. Ardent Management brings expertise that will help Billeschou scale sales, expand into new markets, and further professionalise the business.

We are very pleased with our new co-owners, who, like us, focus on both production and family-run businesses. At the same time, they have great visions for the future that can take our business to new heights. We got in touch with Clearwater after we had been working with another advisor without reaching our goal. We have been very pleased with the way the Clearwater team has handled the process, allowing us to concentrate on running our business while the team has been in complete control of everything, including the external parties – and, not least, seeing us well through to the finish line.
Claus Møller, Co-owner and Co-CEO

We are really pleased to have helped such a solid company move forward with a strong new co-owner. With a flexible and agile approach to process design and execution, we succeeded in creating significant value for the owners and ensuring that they achieved their goal of finding a co-owner with whom they can continue the company's impressive growth journey. We are proud of the result, which demonstrates our ability to design tailor-made processes that balance strategic value, effective execution, and the owners’ long-term success criteria.
Mads Crawford Højdahl, Associate Partner, Clearwater