News

KBV has a leading position in the Spanish market and a growing international presence, including established export operations in the US, France and Portugal. The company has revenues of approximately EUR 55 million and operates under well-known brands including OB, Delta and DOCA.

The acquisition marks a new phase in KBV’s development, creating opportunities for accelerated growth while continuing to build on the company’s existing strengths, entrepreneurial culture and strong customer relationships.

KBV will continue to operate as an independent business unit, maintaining its brands, management team, organization and operating model. Production sites and the existing operational structure will remain unchanged, reflecting Ballingslöv International’s decentralized approach and focus on continuity, local responsibility and long-term development.

”KBV is an excellent strategic fit for Ballingslöv International. The company strengthens our geographic platform, adds valuable capabilities and brings clear potential for continued growth. With our decentralized model and long-term industrial ownership, we believe Ballingslöv International is the right partner to support KBV in its next phase,”, says Björn Hauber, CEO and Managing Director of Ballingslöv International.

Ballingslöv International – a leading European kitchen group

Ballingslöv International is a leading European group within kitchen, bathroom and storage solutions. Headquartered in Malmö, Sweden, the group consists of multiple business units, production facilities and a strong portfolio of brands like Ballingslöv, Drømmekjøkkenet, Kvik, DanKüchen, JKE Design, Multiform, Paula Rosa Manhattan and DFI-Geisler.

With approximately 1,400 employees and operations in around 20 markets, Ballingslöv International has grown through a combination of organic development and strategic acquisitions. The group’s business model is based on local responsibility, operational excellence and long-term value creation.

A shared vision for long-term development

The acquisition is based on a strong strategic and cultural fit. Ballingslöv International and KBV share several core principles, including a strong focus on customer proximity, sustainable business practices and responsible growth.

KBV’s management team welcomes the new ownership and sees significant opportunities ahead. CEO Luis Vicens says:

”This represents an important and positive step for KBV. We will continue our current path, with the same strategy, ambition and entrepreneurial mindset, now supported by a stronger industrial platform that enables us to accelerate our development and capture new opportunities.”.

Outlook

By combining KBV’s strong local market position, brand portfolio and operational capabilities with Ballingslöv International’s industrial expertise, international reach and financial strength, the group will be well positioned to drive further growth and create long-term value in our markets.

The acquisition reinforces Ballingslöv International’s position as a leading European group within kitchen, bathroom and storage solutions and underlines the group’s ambition to continue growing through both organic development and selected strategic acquisitions.

Malmö July 9, 2026

BALLINGSLÖV INTERNATIONAL AB

Björn Hauber
Group CEO

Ballingslöv International acquires Spanish KBV to strengthen its European platform-BINT-C-MHE-01

Claus succeeds Per Munk Laustsen who successfully led the company on an interim basis since the departure of Jens-Peter Poulsen in October 2024. Jens-Peter steered the company’s international expansion with great success since 2012.

Claus joins Kvik with an extensive MD leadership background from different industries and countries. During his career he has worked for amongst others the companies of ECCO and LEGO. Before joining Kvik he was responsible as CEO for the company Norlys A/S.

With his international leadership experience Claus will head the team with a continued focus on customer experience, design, top quality products and international expansion. As one of the leading kitchen manufacturers in Europe, Kvik will also further extend its online presence and product portfolio.

We wish Claus a warm welcome in his new role.

Claus will report directly to the undersigned.

Malmö January 23, 2025

BALLINGSLÖV INTERNATIONAL AB

Björn Hauber

Group CEO

Claus Flyger Pejstrup new Managing Director Kvik

Thérèse Cedercreutz has 30 years of international experience in management, strategy, business development, sales and marketing. Thérèse currently works as Chief Commercial Officer at Scandic Hotels Group in Stockholm. She is also on the board for Unicef ​​Finland.

Anna Laestadius, awarded CMO/CXO with over 25 years of experience, driving international growth across several industries and well known brands. In addition to Ballingslöv International Anna has currently a board assignment in Akademikliniken.

Anders Williamsson, former executive vice president at Scania as COO and head of Industrial Operations with extensive industrial experience. Anders is now owner and founder of AB 3006, aimed at advanced consulting in industrial development issues. He is also a member of the Board of Stena Trade & Industry.

Anders Wassberg

Chairman of the Board

New Board members,Therese Cedercreutz, Anna Laestadius, Anders Williamsson

Ewald joined DANKÜCHEN during the acquisition phase of the company by Ballingslöv International in October 2023 as Chief Sales Officer and looks back on a 25-year long career within the housing sector. Before joining DANKÜCHEN he was responsible for the European windows Sales Division in the German group REHAU.

With his international leadership experience and industry background Ewald will head the team with a continued focus on innovation, design, top quality and international expansion. As the leading kitchen manufacturer of Austria DANKÜCHEN will also explore possibilities to further enhance its product portfolio.

We wish Ewald a warm welcome in his new role.

Ewald will report directly to the undersigned.

Malmö March 25, 2024

BALLINGSLÖV INTERNATIONAL AB

Björn Hauber

Group CEO

Ewald Marschallinger new Managing Director

Subject to the approval of the competent competition authority, the family-owned DANKÜCHEN company will become a subsidiary of Ballingslöv International, which has not previously been active in the Austrian market. DANKÜCHEN will remain independent as a company under the stewardship of its new and strong international owner. Production at the sites in Upper Austria will continue with plans for future expansion. Björn Hauber (CEO and Managing Director of Ballingslöv International) will oversee business operations once the acquisition is complete. The parties have agreed not to disclose the purchase price.

DANKÜCHEN is Austria’s leading kitchen manufacturer. With around 450 employees, the family business recorded roughly 120 million euros in sales last year and is active outside of Austria in nine countries amongst others in Croatia, Slovenia and Germany.

Ballingslöv International is one of the largest manufacturers of kitchen furniture in Europe with brands such as Ballingslöv, Drømmekjøkkenet, Kvik, JKE Design, Multiform, Paula Rosa Manhattan and worktop manufacturer DFI-Geisler. With its current workforce of some 1,300 employees, the group generated roughly 480 million euros in sales in the past financial year.

Stena Adactum. Ballingslöv International is part of Stena Adactum, an investment company working with long term perspective investments having kitchen as one core sector. Stena Adactum is owned by the well-established, family-owned Stena AB. Stena AB reported sales of approximately 5 billion euros in 2022 with a staff of around 17,000 employees. Ballingslöv International has been a wholly owned subsidiary of Stena Adactum, since 2010.

DANKÜCHEN in good hands. DANKÜCHEN’s previous owner, the HANMAN private foundation, is convinced that the company will be in good hands, preserving the jobs of its employees. “We have maintained a friendly relationship with Ballingslöv International and the Olsson family – Stena AB’s owners – for many years,” says the supervisory board member of DANKÜCHEN Robert Ehrenhöfer. “We were not looking for a financial investor, but for a partner and family business that continues to grow DANKÜCHEN guided by our ideas and values. We are glad to have found such a partner in Ballingslöv International.”

Björn Hauber added, “We look forward to working with DANKÜCHEN. There is so much we can achieve together. We have ambitious targets in mind for our future with DANKÜCHEN. We will join forces to grow from our strong position and tap new markets in Europe.”

Malmö October 5, 2023
BALLINGSLÖV INTERNATIONAL AB

Richard has a broad senior leadership and MD background with many years of experience in the kitchen industry. Over the years he has worked for amongst others the companies of Howdens Joinery, Living Box Services, Mark Two Home and Moben Kitchens.

With his international leadership experience and industry background Richard will head the team of Paula Rosa Manhattan to promote its leading position in the market.

We wish Richard a warm welcome to Paula Rosa Manhattan and the Ballingslöv International Group and would like to thank Eric for his instrumental contributions to the company.

Richard will report directly to the undersigned.

Malmö November 2, 2022

BALLINGSLÖV INTERNATIONAL AB

Björn Hauber

Group CEO

Freddy has a broad senior leadership and MD background with experience in different industries. Over the years he has worked for amongst others the companies of DT Group, Silvan, HTH and Marlon. With his international leadership experience and industry background he will continue to drive the successful growth journey for JKE Design.

We wish Freddy a warm welcome to JKE Design and the Ballingslöv International Group.

Freddy will report directly to the undersigned.

Malmö March 9, 2022

BALLINGSLÖV INTERNATIONAL AB

Björn Hauber

Group CEO

Martin Svalstedt, Chairman of the Board, comments on the appointment:

“After an extensive recruitment process, we can conclude that Ballingslöv International generated a lot of interest. Björn Hauber’s commercial achievements with experience from capital goods in an international perspective in combination with his eminent leadership qualities has made him a natural fit for our Group.

Ballingslöv International’s Board of Directors is very pleased to have been able to attract Björn to lead the continued development of the Group’s operations within the framework of Ballingslöv International’s business concept and strategic direction ”.

To further strengthen the Group management and provide management continuity Magnus Hegdal is appointed Deputy CEO as well as CFO where he spans finance as well as IT and sustainability.

Martin Svalstedt continues:

“Magnus’s appointment is well deserved and further recognizes his commitment to both the culture and strategic direction of the business”

“The Board would like to express their gratitude to Anders Wassberg for the good development that Ballingslöv International has had under his leadership and wishes Björn Hauber a warm welcome to his new role.”

Malmö September 7, 2020

BALLINGSLÖV INTERNATIONAL AB

Martin Svalstedt
Chairman of the Board

For further information:
Martin Svalstedt, Chairman of the Board, +46 704855371
Anders Wassberg, incoming Chairman of the Board, +46 734270801

Allan Meyer comes from the Danish storage producer KA Interiør where he has been Managing Director since 2004. In recent years he has also been responsible for the Dutch storage manufacturer Noteborn. Both companies are part of the German furniture group Vivonio Furniture Group.

Allan will report directly to the undersigned.

Malmö June 9, 2020

BALLINGSLÖV INTERNATIONAL AB

Anders Wassberg
CEO

She will also be a member of the Group Management Team for Ballingslöv International and report to the undersigned.

Malmö March 18, 2019

BALLINGSLÖV INTERNATIONAL AB

Anders Wassberg
CEO