Ole & Steen

Ole & Steen Lagkagehuset
Industry	Baking
Headquarters	Denmark

Ole & Steen Lagkagehuset (also known as Lagkagehuset) is a Danish bakery chain with over 90 branches in Denmark, England, and cities like Paris and New York City.^[1]^[2] Originally owned by FSN Capital, it was sold in 2017 to Nordic Capital.^[3]

The company is led by Jason Cotta, formerly MD at Costa Coffee.^[4]

In May 2020 the company has come under social media scrutiny about their ownership structure and allegations this may enable tax avoidance. The controversy emerged in connection with their receipt of funding from the Danish coronavirus relief package. This prompted the company to issue their accounts early, indicating domestic tax payment.^[5]^[6]^[7]

References[]

^ Fabricant, Florence (2019-01-22). "New York Gets a Fresh Batch of Bakeries From Abroad". The New York Times. ISSN 0362-4331. Retrieved 2019-04-25.
^ Marlow, Ben (2017-11-10). "Danish baker Ole & Steen wins French approval". The Telegraph. ISSN 0307-1235. Retrieved 2019-04-25.
^ "Nordic Capital acquires leading bakery and food-service chain Lagkagehuset | Nordic Capital". www.nordiccapital.com. Retrieved 2020-05-18.
^ "Ole Steen snaps up Costa Coffee MD as it steps up expansion". The Caterer. 2019-08-27. Retrieved 2020-05-18.
^ Rossmeisl, Caroline (2020-05-18). "Stort millionunderskud hos Lagkagehuset midt i stormvejr: "Vi har ikke noget at skjule"". borsen.dk. Retrieved 2020-05-19.
^ "Lagkagehuset er kommet i bad standing efter skattely-afsløring". Netavisen Pio (in Danish). 2020-05-18. Retrieved 2020-05-19.
^ Nielsen, Pernille Mohr (2020-05-18). "Skattespekulationer har sendt Lagkagehuset ud i en shitstorm: Nu tager direktør afstand fra at flytte penge ud af Danmark for at undgå at betale selskabsskat". borsen.dk. Retrieved 2020-05-19.

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[1] Fabricant, Florence (2019-01-22). "New York Gets a Fresh Batch of Bakeries From Abroad". The New York Times. ISSN 0362-4331. Retrieved 2019-04-25.

[2] Marlow, Ben (2017-11-10). "Danish baker Ole & Steen wins French approval". The Telegraph. ISSN 0307-1235. Retrieved 2019-04-25.

[3] "Nordic Capital acquires leading bakery and food-service chain Lagkagehuset | Nordic Capital". www.nordiccapital.com. Retrieved 2020-05-18.

[4] "Ole Steen snaps up Costa Coffee MD as it steps up expansion". The Caterer. 2019-08-27. Retrieved 2020-05-18.

[5] Rossmeisl, Caroline (2020-05-18). "Stort millionunderskud hos Lagkagehuset midt i stormvejr: "Vi har ikke noget at skjule"". borsen.dk. Retrieved 2020-05-19.

[6] "Lagkagehuset er kommet i bad standing efter skattely-afsløring". Netavisen Pio (in Danish). 2020-05-18. Retrieved 2020-05-19.

[7] Nielsen, Pernille Mohr (2020-05-18). "Skattespekulationer har sendt Lagkagehuset ud i en shitstorm: Nu tager direktør afstand fra at flytte penge ud af Danmark for at undgå at betale selskabsskat". borsen.dk. Retrieved 2020-05-19.

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