Exit Options for John Hancock Bond and Corporate Finance Group: Hanover Communications In... - 28 Strategic Investors

View x

Ratos to acquire Norwegian store chain Plantasjen from Apax Partners

Ratos has agreed to acquire Plantasjen, a Norway-based plants and gardening accessories store chain from Apax Partners. The value of the deal is about $358 million. Plantasjen is the Nordic region’s leading chain for sales of plants and gardening accessories, with a total of 124 stores in Norway, Sweden and Finland, and a primary focus on the consumer segment. The market for plants and gardening accessories is supported by stable growth and underlying positive trends in the form of increased interest in cultivation, plants and interior design. Since its founding in 1986 in Norway, Plantasjen has developed its operations, strengthened its brand and established itself broadly in the Nordic region, and it now holds a leading position in the market. Plantasjen has about 1,200 employees and generated sales of approximately NOK 3.7 billion in the last twelve months leading up to June 2016, with operating profit (EBITDA) of approximately NOK 370m.

Tags:

PE Deals,Private Equity Deals,PE EXit,Private Equity Exit,Apax Capital Partners,Plantasjen,Ratos

Why should I add a proposition?

  • Find counterparties that match your capital requirement or investment criteria
  • Get verified, vetted and analyst-picked introductions to relevant propositions
  • Generate new relationships
  • Add Proposition

Aurigin Updates

© Copyright 2023 AURIGIN, All rights reserved.

Securities are offered through Finalis Securities LLC, member of FINRA / SIPC. Aurigin is not a registered broker-dealer, and Finalis Securities LLC and Aurigin are separate, unaffiliated entities.

www.aurigininc.com is a website operated by Aurigin Inc., a privately held Delaware corporation. Aurigin provides deal origination services. Other services, such as securities-related transactions, are offered separately by Sohil Poojara in their capacity as registered representatives of Finalis Securities LLC, member of FINRA/SIPC.