The Partnership Architect: A CEO's Return to Fortify a Proven Model

RINGSTED, DK – December 10, 2025

In a strategic move that underscores a deep commitment to its foundational business model, MT Højgaard Holding has announced the return of Kim Thinggaard as the new CEO of its key business unit, Enemærke & Petersen, effective December 11, 2025. This appointment is far more than a standard leadership shuffle; it represents the homecoming of the very architect of the company’s pioneering strategic partnership model, a system that has become a hallmark of its identity and a significant driver of its success.

Thinggaard, who previously served at Enemærke & Petersen from 2013 to 2022, is widely credited with developing the trust-based, multi-year alliances that have set the company apart in the Danish construction sector. His return from a three-year tenure as CEO of landscape firm Malmos is a clear signal that the parent company is doubling down on this unique collaborative strategy to secure future growth and market leadership.

“We are pleased to welcome Kim back to Enemærke & Petersen, where he has already made a lasting impression on the strategy and business,” said Rasmus Untidt, CEO of MT Højgaard Holding and Chairman of Enemærke & Petersen’s board. “We are convinced that Kim, with his clear and honest management style and strong operational understanding, will be able to fortify the business and create momentum.”

Pioneering a Culture of Collaboration

To understand the significance of Thinggaard’s return, one must look at the innovative frameworks he built during his tenure as Director of Partnerships. He was the driving force behind the creation of landmark alliances that collectively represent a potential value of DKK 10 billion. These were not traditional client-contractor agreements but deeply integrated, long-term collaborations designed to dismantle the industry's notorious "conflict culture."

The most prominent example is the TRUST partnership with the City of Copenhagen, established in 2016. This was the first and largest strategic partnership in the Danish construction industry, bringing together the client, contractors, and multiple consulting firms to manage the city's portfolio of school and daycare construction projects. Its core innovation was the co-location of all partners in a single office, fostering a collegial environment that dissolved professional silos and encouraged rapid, open communication. The results were transformative: by 2019, the partnership had delivered dozens of projects on time and within budget, all without a single legal dispute—a remarkable feat in the construction world.

Thinggaard replicated and evolved this model with other major clients. The LIVA partnership with housing organization CIVICA and the Byggepartnerskabet &os with housing organization KAB further embedded this collaborative DNA. These alliances went beyond simple project execution, integrating goals for social impact, such as local employment in the Vollsmose residential area, and sustainability, including the use of circular building concepts and recycled materials. This approach transformed the value proposition from simply delivering a building to co-creating long-term community value.

Reinforcing a Unique Corporate DNA

The decision to bring Thinggaard back is intrinsically linked to preserving and enhancing what the company calls its “special DNA.” Enemærke & Petersen, a firm with DKK 3.2 billion in revenue in the first nine months of 2025, prides itself on an informal, trust-based culture that mirrors the principles of its external partnerships. Thinggaard’s deep, historical understanding of this culture is seen as essential for the company's next phase of growth.

His appointment follows the tenure of Troels Aggersbo, who has led the company since February 2022. While Untidt thanked Aggersbo for his “great effort” and contribution to the company’s development, the language surrounding Thinggaard’s return—with its emphasis on “ensuring focus on project execution” and “leveraging the company's strengths”—suggests a deliberate move to reignite the momentum of the partnership model and sharpen operational focus under its original champion.

Thinggaard himself acknowledges the unique cultural fabric he is rejoining. “I am very much looking forward to the reunion with Enemærke & Petersen and the very special DNA of the company and the partnerships, which rests on a strong combination of respect, trust, empathy and a sincere interest in each other,” he stated. This sentiment highlights that for Enemærke & Petersen, the business model is inseparable from its internal culture.

A Strategic Move in a Shifting Market

This leadership change aligns perfectly with the broader strategy of the parent company, MT Højgaard Holding, which has recently sharpened its focus on its Danish core business. Enemærke & Petersen is a critical component of this strategy, and its partnership-driven order book provides a stable, long-term revenue stream. The group’s latest reports highlight future production from strategic partnerships valued at over DKK 5.4 billion, validating the model’s financial importance.

By reinstalling Thinggaard, MT Højgaard Holding is not just appointing a CEO; it is making a strategic declaration. The company is betting that the future of construction lies not in adversarial, contract-driven relationships but in integrated, trust-based alliances. Thinggaard's proven ability to build and scale these complex, relationship-heavy models makes him the ideal leader to navigate this future. His return is a powerful move to ensure that the innovative spirit that defined Enemærke & Petersen’s market ascent continues to be its primary engine for growth and competitive advantage.