Announced
Financials
Tags
Diversified Retailers
Pending
Majority
Denmark
Single Bidder
Private Equity
Acquisition
Friendly
Private
Domestic
diversified retailers
Synopsis
Treville, a private equity firm, agreed to acquire Flying Tiger Copenhagen, a department store, from EQT. Financial terms were not disclosed. ”On behalf of everyone in Flying Tiger Copenhagen, I would like to express a big thank you to Lennart and EQT who as responsible owners have accompanied us on the challenging journey we have been on. I look forward to collaborating with the new owners, who have great belief in the entire organisation, our brand and the consolidation strategy," Martin Jermiin, Flying Tiger CEO.
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