Altor to invest in Totême.

Altor, a private equity firm focused on leveraged buyout and growth capital investments, agreed to invest in Totême, a fashion label in the modern luxury sector. Financial terms were not disclosed. "We are very impressed by what Totême, the management team and the employees have achieved to date. Totême has been built to a global fashion brand focused on high quality products and slow fashion consumerism. We are excited to partner with the visionary founders, Elin Kling and Karl Lindman, and the CEO Johanna Andersson to support their vision of developing a world class luxury fashion house," Stefan Linder, Altor Partner.