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Litorina acquires a majority stake of building materials reatial chain Fresks

  • Region:

    Sweden

  • Sector:

    Retailing

  • Deal Size:

  • Buy Side Company:

    Litorina Capital Management
  • Sell Side Company:

    Fresks
  • Target Company:

Litorina has acquired a majority stake in Swedish building material retail chain Fresks from the company’s founding family. The deal saw Litorina buy into Fresks through the GP's 2010-vintage Litorina IV, a fund focused on the Swedish small and mid-markets. The Oscarson family will retain a significant minority stake in the company through Oscarson Invest following the buyout, as will CEO Leif Lindholm. Management also invested alongside Litorina and the Oscarsons.

Tags:

European private equity, private equity deals, deals information,Litorina,Fresks,Oscarson Family