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JYSK’s takeover of compatriot furniture firm Actona has been approved by competition authorities in Denmark, who were satisfied the deal doesn’t unduly impede other firms.


Danish furniture retail group Lars Larsen — owner of JYSK — announced it was to acquire a majority stake in the circa £100m furniture supplier last April.


That had followed the death of Actona’s founder Orla Dahl Jepson in 2014, with his widow Susanne Dahl Jepsen saying at the time the deal was announced that her late husband would have approved of the sale (see related).


The Danish Competition and Consumer Authority has now rubber-stamped the takeover, following an investigation instigated following concerns by other, rival retailers.


Concerns included whether or not Actona would raise its wholesale prices to other retailers, but the DCCA concluded that other companies would be able to switch supplier if that proved the case.


Related: Furniture supplier Actona sold to Lars Larsen Group