Altor, a private equity firm, completed the acquisition of Aarke, a Swedish design company. Financial terms were not disclosed. “When we started searching for a partner, we wanted someone that could complement us and contribute with relevant experience for the next phase in our growth journey. We felt that Altor was a very good match as they have partnered up with founders in similar situations before and they have a successful history in supporting fast-growing consumer companies with global expansion ambitions,” Carl Ljungh and Jonas Groth, Aarke Founders.