Jebsen Capital completed the acquisition of minority stake in Woom.

Jebsen Capital, an investment company, completed the acquisition of minority stake in Woom, one of the largest brands for children's bikes worldwide. Financial terms were not disclosed. "With innovative products and unwavering commitment to excellence, woom puts children at the centre of everything the company does. We have been fans of the brand for a long time, so we are all the more excited to begin our partnership with woom today to bring the joy of cycling to children worldwide," Alfons Mensdorff-Pouilly, Jebsen Group CEO.