For all media enquiries please contact Katarina Janerud, Communications Manager: Tel: +46 8 440 50 50 Direct: +46 8 440 50 69 Mobile: +46 709 69 69 99 Fax. +46 8 611 79 98 e-mail: katarina.janerud@nordiccapital.com
Nordic Capital Fund VIII ("Nordic Capital") has reached an agreement to acquire the leading Danish logistics company Unifeeder ("Unifeeder" or "the Company") from Montagu Private Equity ("Montagu"). The terms of the transaction were not disclosed.
Nordic Capital Fund V ("Nordic Capital") today announced a definitive agreement to sell Permobil to Investor AB ("Investor"). The transaction values the company at an enterprise value of SEK 5,500 million (EUR 655 million) of which 5,100 million cash and 400 million in a performance based potential future earn-out payment. Under Nordic Capital's ownership, Permobil has been transformed from a Swedish family run business into the global leader in advanced power wheelchairs. The new owner will enable Permobil to continue to take advantage of its unique position in this fast growing market.
Nordic Capital Fund VII ("Nordic Capital") to acquire Ellos and Jotex from Redcats, a wholly-owned subsidiary of the French company PPR. Ellos and Jotex are the Nordic region's leading home shopping companies and together form the region's largest marketplace for clothing and textiles. With Nordic Capital, the companies will have an owner with extensive retail experience who will continue to develop the existing businesses.
Sönke Bästlein will change his role to industrial advisor to the Nordic Capital Funds and resign as partner and head of NC Advisory GmbH.