Stensdal Group acquires majority shareholding in ParkZone

Press release from ParkZone
The Danish-owned parking company ParkZone gets a new ownership constellation. Stensdal Group increases its ownership stake and thereby obtains a majority shareholding. With its insight into the real estate industry and broad network, Stensdal Group will contribute to ParkZone's development journey.

ParkZone's new owners: From left: Eske Hartmann Munck, Ronen Leon, Søren Stensdal (Photo: Stensdal Group & ParkZone)

The ownership shares in the Danish parking company ParkZone have been equally divided between Torben Holritz Juhl and Stensdal Group since its foundation. This has now changed. The company's founder and former CEO wanted a change of ownership and a change in the ownership structure. The Stendal Group has therefore purchased Torben Holritz Juhl's shares, thereby acquiring a majority stake in the company.

Søren Stensdal thanks Torben Holritz Juhl for the many years of collaboration and looks forward to being a bigger part of ParkZone in the future:

At the same time as Torben leaves the company, management, including CEO Ronen Leon, enters the ownership circle, together with the company's previous board member Eske Munck. The latter will contribute with his deep commercial and business analytical skills, as well as his in-depth knowledge of ParkZone.

Change in ownership opens up new opportunities 

ParkZone sees the change of ownership as a valuable opportunity to further strengthen its market position. With the new ownership group and the added competencies, ParkZone is, according to CEO Ronen Leon, geared for the next step on the development journey: 

The ambition level at ParkZone is higher than ever. In the near future, the company is planning a rebranding to emphasize that ParkZone provides much more than parking. Most recently, ParkZone added security solutions such as security guards, fire and defibrillators to its product portfolio, and with ParkZone Security gained another business leg, which is already chosen by customers throughout Denmark. In addition, a dedicated Country Manager for ParkZone Norway has just been hired to ensure the company's growth in the country.  

In connection with the new ownership constellation, Søren Stensdal has spoken to Ejendomswatch. Read the article via the link below:

About ParkZone
ParkZone is a 100% Danish-owned company focusing on digital parking solutions and with strong competencies within parking management, parking control and security solutions. We manage more than 2,000 parking areas with approx. 180,000 parking spaces daily, making us one of the leading parking companies in Denmark. The company has offices in Rødovre, Kolding, Aalborg and Trondheim, Norway.

About Stensdal Group
In 1986, our journey began with ambitions in real estate investment, and today our family-owned group has evolved to include real estate investment, commercial and residential project development and private equity investments outside the real estate industry. Our commercial portfolio includes over 150,000 m² of modern commercial leases in Greater Copenhagen with flexible solutions for office, showroom, warehouse, logistics and production. Our ambitions also include residential construction, where we want to create responsible rental housing that promotes community, security and creates a connection between city and nature.

Common to everything we do is that we do not invest for the short term. We believe in long-term ownership of the properties we build or renovate. Our ambitions reach far into the future, where everything is handed over to the next generation. But it also comes with responsibility. That's why we have a strong focus on energy optimization and reducing our climate footprint, and on renovating and building new with architectural qualities that make us proud - and our tenants safe.

It's care and consideration, but we call it the Stensdal style.