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Restructuring · 4 entities → 1

Holding consolidation, DK

Consolidated four operating entities into a single holding with clean board lines.

Client
Owner-led Nordic industrial group
Sector
Industrial holdings
Geography
Denmark · cross-border DE/SE exposure
Duration
9 months

Challenge

Four entities had grown organically since 2011, each with its own board, auditor and statutory reporting cycle.

Inter-company invoicing had become opaque and the principal owner could no longer obtain a consolidated P&L without a six-week reconciliation effort.

A generational transition was scheduled for 2027 — the structure was incompatible with a clean transfer of control.

Approach

01

Structural diagnostic

Mapped legal entities, board composition, signature rights and inter-company flows over four weeks. Output: a single decision-rights matrix.

02

Target architecture

Designed a single Danish holding with three operating subsidiaries and one dormant brand vehicle. CVR filings prepared in parallel.

03

Sequenced execution

Mergers staged across three quarters to avoid VAT disruption and preserve continuity of customer contracts. Auditor changes synchronised.

04

Governance handover

New board charter, audit committee and quarterly reporting cadence anchored before the engagement closed.

Results

4 → 1

Operating entities

−63%

Statutory reporting hours

0

Customer contract disruptions

9 mo

End-to-end execution

Six weeks to read our own numbers became two days. The board now sees what it should always have seen.

Principal owner — name withheld

Mandate stack

  • Selskabsloven §242–254 (mergers)
  • CVR filings via virk.dk
  • Erhvervsstyrelsen liaison
  • ISO 31000 risk framework
  • ESEF reporting alignment

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