Magnusson Denmark Assisted Parc Group in acquiring Tuxens

Magnusson Denmark has assisted Parc Group in acquiring Tuxens a company holding a site in Tuxensparken Skagen along with all permits to finalize a Project erecting 74 Holiday Homes, restaurant and other joint facilities.

Parc Group was in the acquisition of Tuxens assisted by partner Dan Stampe-Terkildsen and associate Simon Fraenkel.

Managing Partner and Head of Corporate M&A Magnusson Denmark states:

“I am truly proud of our team and both Dan and Simon have done and are doing a magnificent job like rest of the team. This deal is yet another testimony to what a busy M&A Summer it has been for us and continues to be. We have had another extremely busy M&A year in 2024 thus far with increase in terms of both volume and value. I am cautiously optimistic that the current high M&A activity level will continue both in the remaining period of 2024 and in 2025 in relation to domestic and cross-border deals. The reduction of the interest rates and thus now higher activity by the PE funds also endorses this optimism, and there is a greater involvement by both strategic and financial players in the market. There are a lot of interest for Danish and Nordic assets in general by foreign buyers.”