- Business
- Lauritz.com Group A/S operates as Denmark's largest online auction house, specializing in the sale of art, design, antiques, jewelry, watches, furniture, and luxury home goods through a digital platform and physical auction houses. The company offers a wide range of categories including carpets, rugs, and textiles; cars and boats; clothing, shoes, and accessories; electronics; glass, porcelain, and ceramics; hobby and collectibles; home and garden items; hunting, fishing, arms, and militaria; lamps and lighting; paintings and sculptures; silver, bronze, copper, and pewter; sport and leisure; travel items; and wine and spirits, with daily online auctions featuring over 5,000 hammer prices monthly and quarterly physical auctions for select art and design pieces. Founded originally in 1885 and headquartered in Søborg, Denmark, Lauritz.com Group conducts operations primarily in Denmark through eight auction houses in locations such as Hørsholm, Brøndby, Roskilde, Odense, Vejle, Aarhus, Aalborg, and Bornholm, serving a diverse customer base from trendsetters and students to pensioners and executives with transparent pricing that includes all fees upfront. In a major strategic shift, Danish entrepreneur Ib Henrik Rønje acquired the operations of the bankrupt former Lauritz.com in August 2023 through his company Auktionshuset.com, consolidating all eight auction houses under Lauritz.com Danmark A/S while retaining the brand, staff, and locations; Thomas Friberg joined as Commercial Director in 2024 following his prior role as CEO at Rungsted Seier Capital. The company lists on Nasdaq First North Growth Market Stockholm under the ticker LAUR.ST and emphasizes sustainability through second-hand trading, distinguishing itself with expert valuations, home visits, pick-up services, and showrooms for pre-auction viewing.