Announced

Polaris to acquire a 51% stake in Stronger for $181m.

Synopsis

Polaris, a Nordic private equity firm, agreed to acquire a 51% stake in Stronger, a Sweden-based activewear provider, for $181m. “The company operates in an attractive growth market, driven by an increased focus on health and we see continued great growth potential in the future - mainly through continued international expansion. We look forward to assisting the founders and management with our experience of company development," Johan Pernvi, Polaris Partner.

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