Press Release - 02.09.2026 - 08:08

Financial institution Jyske Bank enters into agreement to acquire Formuepleje

Danish financial institution Jyske Bank enters into agreement to acquire 100% of the shares in FP Kapital A/S (Formuepleje).

After almost five years of co-ownership, Lars Larsen Group and Formuepleje’s additional shareholders have entered into an agreement to sell Formuepleje to Jyske Bank, Denmark’s third largest financial institution.

“We are very pleased with the great effort which the leadership team and employees in Formuepleje have shown in the period of our co-ownership. Furthermore, we are delighted with the fact that Formuepleje has found a new home with Jyske Bank, who will be a very good and long-term owner,” says Jesper Lund, President and CEO of Lars Larsen Group.

The transaction is pending approval by Danish authorities and expected to be finalised in the fourth quarter of 2026.

Facts about the companies

Formuepleje

Formuepleje is one of Denmark's largest specialised asset managers, with 40 years of experience in creating investment solutions and providing personal, highly qualified advisory services. Formuepleje develops and manages its own investment solutions and works purposefully to generate attractive returns within the desired risk framework.

Formuepleje manages approximately EUR 6.5 billion on behalf of around 14,000 clients and employs just under 100 people across offices in Aarhus and Copenhagen.

Jyske Bank

Jyske Bank is one of Denmark's largest banks with 81 branches in Denmark and one in Hamburg, Germany, more than 130,000 shareholders and around 3,800 employees. The bank offers financial solutions to both private and business customers and owns the mortgage company Jyske Realkredit and the leasing company Jyske Finans. Jyske Bank was founded in 1967, and the bank's latest annual report showed a profit after tax of 5.4 billion DKK.

Lars Larsen Group

Lars Larsen Group is owned by the Brunsborg family, descendants of Lars Larsen, who founded JYSK in 1979. The Group is run in accordance with the family’s core values: commercial mindset, decency and growth. The Group owns companies across a range of business areas, including furniture, home furnishings, restaurants and hotels, and invests in shares, funds and real estate, among other assets.