Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Axcel looking to divest Ball Group
September 27, 2018

Axcel is currently preparing a sale of clothing group, Ball Group, and has hired Deloitte's corporate finance department to help find a buyer, according to Borsen’s sources. The company reported revenues of DKK484m in 2017 with EBITDA of DKK 16m and and a negative bottom line of DKK -3m. Ball Group only consists of the xl-clothing brand Zizzi, after having sold off the brands Culture, Pulz and Educe to DK Company in 2016.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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