Extract from our Nordic M&A Newsletter

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Thornico acquires 10 pct. of fashion brand Libertine-Libertine
April 30, 2019

Thornico has, together with the former CEO of IC Group, acquired 10 pct. of the Danish-based fashion brand Libertine-Libertine. Libertine-Libertine was established in 2009 and is looking to grow by international export. Libertine-Libertine reported a gross profit of DKK 4.3m and EBITDA of DKK 1.5m in 2018. The deal value is undisclosed.

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