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Announced

Completed

Storskogen completed the acquisition of Vardvaskan.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Domestic

e-retailing

Single Bidder

Completed

Friendly

E-commerce

Acquisition

Sweden

Private

Synopsis

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Storskogen, a privately owned investment management company, completed the acquisition of Vardvaskan, an e-commerce company specializing in products for healthcare professionals who want to put a personal touch on their work wear. Financial terms were not disclosed. “We are very happy to acquire such an exciting and fine company as Vårdväskan. The company has a very strong management and shows profitable growth and market leadership in a clear niche. We look forward to continuing to develop the company together with the company management and to continue to develop Storskogen's entire portfolio of e-commerce companies," Jacob Sandström, Storskogen Investment Director.

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