Extract from our Nordic M&A Newsletter

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Axcel divests Ball Group to a German PE firm
April 15, 2019

Axcel has divested Ball Group, a plus-size women’s clothing firm operating under the Zizzi brand. Ball Group has more than 100 concept stores around Europe and reported sales of DKK 590m with adjusted EBITDA of DKK 55.8m in 2018. Axcel has now closed its fund Axcel III.

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