Mellby Gard-backed Oj Holding completed the acquisition of Filippa K Group from Novax.

Mellby Gard-backed Oj Holding, a parent company of the Swedish fashion brand Oscar Jacobson, completed the acquisition of Filippa K Group, a Swedish fashion house, from Novax, a family-backed investor and company builder. Financial terms were not disclosed. “We are pleased to gain a new strong owner with solid industry knowledge and a deep understanding of Scandinavian fashion. Oscar Jacobson has shown that they can build a brand with a clear identity and a long-term vision. We look forward to jointly exploring synergies that can further strengthen Filippa K’s position and create favorable conditions for future development,” Marie Forssenius, Filippa K CEO.