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.
Babyshop raises 165M SEK for expansion
August 31, 2018

The e-commerce shop Babyshop has raised 165M SEK for expansion to USA and Asia. Earlier this year Babyshop acquired Lekmer from Qliro Group for 90M SEK and now the company expects to reach an revenue of 1B SEK. The investors in this round were not disclosed, but according to sources Beyer Ventures and Graffe Holding (Svante Elfving) should be the lead investors alongside existing investors.

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