Logstor struck by management chaos and major deficit

Logstor lost DKK 70 million last year while the company's new CEO has resigned after just four months.

Photo: Logstor

Danish industry player Logstor has once again been dealt a blow. The firm, which has experienced a tumultuous period, delivered a DKK 70 million (EUR 9.4 million) deficit last year, and as the proverb goes – bad luck comes in pairs.

After the poor result, equity fund Triton, which owns Logstor, hired Søren Eskildeson as the new CEO in January 2017. Now, he has resigned after just four months.

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