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New Deal


Announced

Salvesen & Thams to acquire Mylna Gruppen.

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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Acquisition

Private

Norway

Friendly

Private Equity

fitness equipment

Domestic

Majority

Consumer Services: Other

Single Bidder

Pending

Synopsis

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Salvesen & Thams, a private equity investment firm, agreed to acquire Mylna Gruppen, a fitness equipment provider in Scandinavia. Financial terms were not disclosed. "Active leisure is a megatrend. Most people train more at home, at the gym and at work, so we believe the market will continue to grow in the coming years. We will continue to invest in the Mylna Group so that the company can continue to grow and be profitable. In addition, together with our co-investors, we want to make more investments within the active leisure trend," Per Olav Monseth, S&T General Manager.

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