When collaboration really counts: Demolishing Denmark鈥檚 fire-ravaged Old Stock Exchange

On April 16, 2024, a devastating fire broke out at The Old Stock Exchange B酶rsen, a landmark and protected 17th-century building in central Copenhagen undergoing renovation.

As flames consumed large portions of the structure, the collapse of scaffolding further jeopardised the building鈥檚 historic integrity. The crisis demanded an extraordinary response to protect what remained of this cultural treasure.

Demonstrating the power of collaboration, four competing demolition companies united to stabilise the site, retrieve historical elements, and safeguard the possibility of a faithful reconstruction.

The Old Stock Exchange Borsen before the fire The Old Stock Exchange before the fire. (PHOTO: P. Olesen)

Background and Context

B酶rsen, a renowned architectural symbol of Denmark鈥檚 architectural heritage, was in the middle of a copper roof renovation when the fire ignited.

The structure was encased in scaffolding covered by plastic netting, which facilitated the fire鈥檚 rapid spread and obstructed firefighting efforts. The heat caused sections of the roof and scaffolding to collapse, pulling down portions of the structure鈥檚 outer walls and leaving other parts precariously unstable.

Smoke from the fire at the Old Stock Exchange in Copenhagen seen from a distance Smoke from the fire could be seen from across Copenhagen. (PHOTO: P. Olesen)


Despite days of firefighting, the blaze remained uncontrollable, leading to partial structural collapses. The remaining walls were at risk of falling, complicating plans to reconstruct the building authentically.

Scope of Work

Celero Denmark, part of the Jensen Group, assembled a team of Denmark鈥檚 top demolition firms鈥攊ncluding sister company J. Jensen Demolition and competitors Tscherning, P. Olesen, and Hockerup鈥攖o help mitigate the damage and preserve the structure.

Initial works to stabilise the struture being carried out at night. (PHOTO: P. Olesen)


Their primary tasks included dismantling the scaffolding, clearing debris, stabilising remaining walls, and salvaging valuable historic elements from the wreckage.

The combined efforts of these competitors created an unprecedented collaboration, united by a shared commitment to protecting Denmark鈥檚 heritage.

A J Jensen long reach Caterpillar works at night to remove part of the scaffolding J. Jensen Demolition was the first demolition contractor to arrive onsite. (PHOTO: P. Olesen)

Key Challenges

The intertwined scaffolding, which had collapsed on 18 April and become a structural hazard, presented a complex challenge for the team.

As the roof scaffolding was connected to the side scaffolding and a row of containers, the entire scaffolding structure twisted, placing great weight on the structure鈥檚 outer walls and putting them in immediate risk of failure.

The Old Stock Exchange B酶rsen building still smoldering Days after the fire started, the emergency services were still on scene. (PHOTO: P.Olesen & Sonner)


Removing the scaffolding required careful dismantling, by all the project contractors, to prevent further damage.

Additionally, the teams worked through many nights, under tight time constraints and the ever-present threat of further structural collapses.

The logistical hurdles of operating in a bustling city centre added another layer of complexity.

Logistics and Machinery

Critical equipment such as Tscherning鈥檚 80-tonne Liebherr 950 demolition machine鈥攚hich had an extra-long boom/arm, a 28-m reach鈥攁nd a Liebherr 980 from P. Olesen had to be swiftly transported to the site under police escort.

Tscherning鈥檚 950 demolition machine made it to the B酶rsen site just hours after the company was called into action on 19 April. The machine was joined by P. Olesen鈥檚 Liebherr 980 later that night, after it had been transported in seven pieces on seven flatbed trucks to the scene. It was reassembled onsite with mobile cranes, and joined operations before midnight.

Tscherning's Liebherr excavator removing bits of scaffolding Tscherning鈥檚 Liebherr excavator was onsite within hours of the company being deployed. (PHOTO: P. Olesen)


Once operational, the machines played a vital role in separating roof scaffolding from side scaffolding and clearing debris. A scrap grab attachment was used for dismantling, while a grain shovel helped remove fallen materials, enabling emergency services to access the interior.

Collaboration and Coordination

Daily planning meetings were utilised to ensure both safety and that each company鈥檚 resources were optimally put to use.

Despite being industry competitors, P. Olesen, J. Jensen, Tscherning, and Hockerup worked together effectively, pooling resources and expertise. Machine operators from different firms assisted one another, fostering a unified effort throughout the six-week operation.

Operator Jan Ren茅 Andersen from Tscherning reflected on the experience: 鈥淲e had a significant common task to solve, and for a while, we were a united strong team, not competitors as we normally are in everyday life.鈥�

The giant excavators of P. Olesen (yellow), Hockerup (orange) and Tscherning (green) worked together to untangle and remove the damaged scaffolding. The giant excavators of P. Olesen (yellow), Hockerup (orange) and Tscherning (green) worked together to untangle and remove the damaged scaffolding. (PHOTO: P. Olesen)

Preservation Efforts

Salvaging historical elements was also a top priority. The demolition teams meticulously retrieved fallen ornaments, statues, and architectural features.

Additionally, debris was transported to a secure location where it was inspected collaboratively with police, cultural authorities and emergency services to identify and recover culturally significant remnants.

An aerial view of the Old Stock Exhange after the scaffolding had been removed show the extent of the fire damange Once the scaffolding had been removed, the full extent of damage was clear. (PHOTO: P. Olesen)

Outcomes

Through round-the-clock work, the demolition companies stabilised the structure and salvaged substantial elements of B酶rsen鈥檚 heritage.

Over six weeks, the team successfully cleared the site, making it safe for reconstruction efforts while preserving key aspects of the original design.

A long reach excavator equipped with a grapple pulls down damage scaffolding (PHOTO: P. Olesen)

Client and Operator Reflections

A representative from Celero Denmark described the project as a turning point for the industry: 鈥淭he rescue of the burned B酶rsen is a symbol that collaboration across the industry can move mountains. We made the impossible possible because we stood together.鈥�

Olesen鈥檚 machine operator, Martin Blaabjerg, echoed this sentiment, stating that the site鈥檚 atmosphere of mutual support and professionalism made the challenging work both effective and rewarding.

The emergency operation at B酶rsen highlights the effectiveness of collaboration in the demolition industry during crises. By uniting resources, expertise, and efforts, the team achieved the dual goals of safeguarding cultural heritage and preparing the site for future reconstruction.

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