Pinerock Enters Denmark Through the Acquisition of Hovedstadens Bygningsentreprise

Pinerock Group has signed an agreement to acquire Hovedstadens Bygningsentreprise A/S (“Hovedstadens”), a leading renovation, maintenance, and improvement (“RMI”) company in the Greater Copenhagen area. The acquisition marks Pinerockentry into Denmark and a key milestone in the Group’s broader Nordic expansion strategy.

Hovedstadens is a well-established RMI contractor with a strong presence in the Greater Copenhagen area. Founded in 1982, the company has built a recognized brand, a loyal customer base, and a strong track record of consistent, stable growth. The company employs more than 160 people and generates annual revenue of approximately DKK 600 million (c. SEK 900 million). Hovedstadens focuses primarily on the renovation of residential buildings, serving mainly nonprofit and private housing associations. Its operations are characterized by long-standing customer relationships, a strong local presence, and a scalable, digitized operating platform.

The current owners, Lottrup & Co, have, together with Hovedstadens’ strong organization and management team, successfully led the company through an impressive growth journey since 2011. To support the company’s continued growth and long-term development, Lottrup & Co has decided to sell the company to Pinerock . As part of the transaction, Lottrup & Co will reinvest in Pinerock and remain committed to supporting the continued success of both Hovedstadens and Pinerock.

With this transaction, Hovedstadens becomes the first Danish company within Pinerock , which currently consists of 16 local brands across Sweden, Norway, and Finland.

“With the acquisition of Hovedstadens, we are taking an important step in expanding Pinerock Denmark. Hovedstadens is a highly respected company with a strong market position, a clear focus on renovation, and a well-established operating model. We are very impressed by the team and their track record, and we look forward to supporting the company in its next phase of growth,” says Johanna Barnekow, CEO of Pinerock .

Rasmus Lindhardt, CEO of Hovedstadens, comments:

Pinerock a strong Nordic partner that shares our long-term perspective on entrepreneurship, quality, and local presence. With access to a broader Nordic network, valuable experience, and new opportunities for collaboration, we will be well-positioned to continue our ambitious growth journey.”

Following the transaction, Hovedstadens will continue to operate under its existing name, with its current management team and organizational structure remaining unchanged. The company’s strategy, culture, and customer focus are already well-aligned with the broader Pinerock and will remain firmly intact. The acquisition provides opportunities for collaboration and knowledge sharing across PinerockNordic platform and strengthens the Group’s position in the region.

The transaction is subject to approval by the relevant competition authorities and is expected to be completed in August 2026.