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Press Release: Lyngsoe Systems [August 29, 2024]

Lyngsoe Systems Group announces formation of new subsidiary, Lyngsoe Systems Library Solutions

Denmark -- September 2024. On the first of September, Lyngsoe Systems A/S officially formed a new subsidiary company, Lyngsoe Systems Library Solutions (LSLS). This strategic move will allow the company to further focus on its core competencies and enhance its service offerings to the global library market.

LSLS will encompass all of Lyngsoe Systems' activities related to public and academic libraries. The new subsidiary will continue to be based in Aars, Denmark, alongside its now sister company, which will continue under the Lyngsoe Systems name and concentrates on providing logistics solutions to a wide range of industries.

"The decision to establish Lyngsoe Systems Library Solutions reflects our commitment to delivering exceptional value to our customers," said Henrik Kjeldgaard, now CEO at Lyngsoe Systems Library Solutions. "By creating a dedicated subsidiary, we can better serve the unique needs of the library market while maintaining our strong focus on innovation and quality."

Building upon Collaboration and a Longstanding Reputation

The formation of LSLS will enable both companies to leverage their respective expertise and market positions more effectively. While the two entities will operate as separate legal entities, they will remain part of the Lyngsoe Systems Group and continue to collaborate closely.

"We are excited about the opportunities that this new structure presents," continued Henrik Kjeldgaard. "Library Solutions will build upon Lyngsoe Systems' long-standing reputation for excellence and customer satisfaction, while also benefiting from the synergies that exist within the broader group."

The company's existing subsidiaries in Finland, England, Germany, and the United States will also become part of the new subsidiary. The dedicated team of professionals at LSLS possesses in-depth knowledge of the library industry and is committed to providing customers with the highest level of service.

"We are proud of our heritage and the strong relationships we have built with our customers over the years," said Henrik Kjeldgaard. "The Lyngsoe Systems name is synonymous with quality, reliability, and innovation. By adding ‘Library Solutions' to our name, we are simply making it clear that we are the go-to partner for libraries worldwide."

Lyngsoe Executive Team
Lyngsoe Executive Team
Michael Vistisen: CEO of Lyngsoe Systems
Lars Caspersen: CFO for both Lyngsoe businesses
Henrik Kjeldgaard: CEO Lyngsoe Systems Library Solutions

Summary: Lyngsoe Systems A/S has formed a new subsidiary company, Lyngsoe Systems Library Solutions. This strategic move will allow the company to further focus on its core competencies and enhance its service offerings to the global library market. LSLS will encompass all of Lyngsoe Systems' activities related to public and academic libraries. The new subsidiary will continue to be based in Aars, Denmark, alongside its now sister company, which will continue under the Lyngsoe Systems name and concentrates on providing logistics solutions to a wide range of industries.
Publication Year:2024
Type of Material:Press Release
LanguageEnglish
Date Issued:August 29, 2024
Publisher:Lyngsoe Systems
Company: Lyngsoe Systems
Permalink: https://librarytechnology.org/pr/30476/lyngsoe-systems-group-announces-formation-of-new-subsidiary-lyngsoe-systems-library-solutions

DocumentID: 30476 views: 2425 Created: 2024-08-29 07:04:08 Last Modified: 2024-11-13 01:54:43.