Altor to acquire a majority stake in Oceansapart.

Altor, a family of investment funds, agreed to acquire a majority stake in Oceansapart, an activewear apparel company. Financial terms are not disclosed. “Focusing on inclusivity, oceansapart is a uniquely positioned direct-to-consumer athleisure company. Its profitable growth track-record is truly impressive - having expanded into five countries within its first four years already. We are excited to partner with the founders on their continued internationalization journey," Giovanna Maag, Altor Partner.