Jordanes Holdco2 completed the management buyout of Jordanes.

Jordanes Holdco2, a company owned by Jordanes Co-founders Jan Bodd and Stig Sunde, along with key employees, completed the management buyout of Jordanes, a Scandinavian brand house focusing on everyday products and services. Financial terms were not disclosed. “Our ambition to build a leading Scandinavian brand house of iconic consumer brands, serving consumer everyday needs acrossall channels and consumer occasions, has remained unchanged since we foundedour company 17 years ago. The contemplated transaction will allow us to accelerate our pursuit with more resources and stronger support, guided by the same ambition and our commitment captured in our motto “proud to serve ourkids,” Jan Bodd and Stig Sunde, Jordanes co-founders.