Criticism of ølkongens boligfidus: the Lack of discernment

The professional investor Michael Voss has had enough. As a shareholder in the country's third largest brewery, Harboe in Skælskør, he has not only seen its

Criticism of ølkongens boligfidus: the Lack of discernment

The professional investor Michael Voss has had enough. As a shareholder in the country's third largest brewery, Harboe in Skælskør, he has not only seen its

Ann McDonald
Ann McDonald
08 January 2020 Wednesday 03:00
25 Reads
Criticism of ølkongens boligfidus: the Lack of discernment

The professional investor Michael Voss has had enough.

As a shareholder in the country's third largest brewery, Harboe in Skælskør, he has not only seen its investment fall dramatically in value in recent years.

He has also been witness to how the long-standing director Bernd Griese has spent the money on, among other gifts to the royal family and an investment in the local, bankrupt football club FC Vestsjælland.

See also: Ølkongens fat scam: Dried private villas of the shareholders

on Tuesday could Ekstra Bladet then reveal that Bernd Griese also has sold two private millionvillaer to the listed brewery, where he so was the director. And Michael Voss is the straw that has got the cup to overflow.

'This (investment in the royal family etc., ed.), in conjunction with the many exceptional transactions between himself, the private, and the brewery Harboe makes him, in my opinion, unfit to hold a board of directors or ledelsespost in a listed company, the pga. lack of sound judgement,' writes Michael Voss in an email to Ekstra Bladet.

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Michael Voss from the company Fundamental Invest has for several years been a shareholder in Harboes bryggeri. Now he has lost the confidence of the longtime director and current chairman, Bernd Griese. Photo: Sofia Bush

It has not been possible to get a comment from Bernd Griese itself, but at Harboe Brewery have apparently not many shrug left over for the shareholder's criticism.

'the Opinion must stand for Michael Voss’ own account,' reads the written reply from the brewery to the Extra Blade.

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This house in the outskirts of san francisco sold Bernd Griese in 2016 to the Harboe Brewery, where he was the director. Price: 2,85 million. kr. Photo: Tariq Mikkel Khan

But the investor is not alone with its concern about ejendomshandlerne and Bernd Grieses confusion of its own and its economy.

- The kind of must a listed company make everything to avoid. If I were a shareholder, I would therefore ask the Harboe Brewery put everything back and prove that the purchase price was reasonable. Why should the brewery at all buy two villas?, says Ole Søeberg, chairman of the Danish Aktionærforening.

Close to How he was ølkonge: Married Harboe-heir

The two houses were both owned by the Harboe-boss's private company, Bernd Griese Holding.

But in 2016 it was personal company ended up in financial crisis, and therefore it was very convenient for Bernd Griese, that he could sell the two villas to the Harboe Brewery.

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The white house, which is located on the waterfront in san francisco, owned by Bernd Griese in the past. But in the summer of 2016 it was sold to the Harboe Brewery 4.6 million. kr. Photo: Tariq Mikkel Khan

It did, in fact, that the year's deficit in Bernd Griese Holding 'only' ended up at 4.3 million. kr.

Ekstra Bladet has asked Harboe, about the poor state of the economy in Bernd Griese Holding played in the director's decision that the brewery should suddenly be the owner of the two villas.

'No,' saith the cash reply.

Updated: 08.01.2020 03:00
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