Adelis to acquire majority stake in Didriksons from Herkules Capital.

Adelis, a private equity investment firm, acquired majority stake in Didriksons, wholesaler and distributor of apparel, from Herkules Capital. Financial terms were not disclosed. ”Didriksons has gone through an expansive period, where we have successfully grown in the Nordics and internationally, through considerable investments in product development and a strengthened customer offering. We are pleased to have Adelis as a new majority owner to support us in the next step of our exciting growth journey. Adelis has a strong network and extensive experience of developing Nordic brands and consumer goods companies. This makes them a strong partner for us, which will be valuable when we continue to implement our growth strategy,” Johan Ekeroth, Didriksons CEO.