Jakob G. Olsen has sold 60 percent of the shares in Gubi to the private equity fund Axcel and Chr. Augustinus Fabrikker. According to Borsen, the transaction reflects a valuation of Gubi at approx. DKK 1.5bn. Last year, Gubi reported EBIT of DKK 88m, which reflected an increase of more than 100 percent compared to 2016.