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Announced

Completed

Adelis to acquire majority stake in Didriksons from Herkules Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
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Tags

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Private Equity

Single Bidder

wholesale

Private

Sweden

Apparel Retailers

Majority

Acquisition

Friendly

apparel distributor

Completed

Synopsis

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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.

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