Extract from our Nordic M&A Newsletter

Read more about our Nordic M&A Newsletter service including the M&A Portal and Private Equity Portfolio Tracker.
Åhléns acquires retail chain Designtorget
May 3, 2019

Åhléns. a Swedish-based chain of department stores, has acquired Swedish-based retail chain Designtorget, that sell designs by young Swedish designers. Designtorget is owned by Novax, a subsidiary of Axel Johnson Group. Designtorget reported a turnover of SEK 135m in 2018 and has 53 FTEs. The deal value is undisclosed.

ⓘ This story was originally featured in our daily Nordic M&A Newsletter - we publish some of the newsletter content with delay through our M&A Newsletter Library. If you would like more insights on this deal or industry then send us an email at requests@nordicknowledgepartners.com