BHG Group to acquire a 97.6% stake in Nordic Nest from Nordstjernan and a number of smaller shareholders for $212.5m.

BHG Group, a consumer e-commerce company, agreed to acquire a 97.6% stake in Nordic Nest, an online company within home furnishings, from Nordstjernan and a number of smaller shareholders for $212.5m. ”We are delighted and proud to continue our growth journey together with Nordic Nest and their strong leadership team. Nordic Nest is a fantastic, profitable and fast-growing company – and the strategic fit with BHG is perfect! The businesses complement each other nicely, both with regards to the customer offering and geographic footprint. In addition, the corporate cultures are based on the same values, with the customer and profitable growth at the centre,” Adam Schatz, BHG President and CEO.