Livingstone acts as financial advisor in the sale of OBH Nordica

  • Jul 2010
  • Consumer
  • M&A: Sell-Side
  • Sweden

Livingstone has acted as financial advisor in the sale of OBH Nordica, the market leader in the small electrical appliances, hair and personal care sectors. Today, OBH Nordica employs 136 staff members in Sweden, Norway, Denmark, Finland, the Czech Republic and China. The company forecasts a turnover of SEK 950 million in 2010. The private equity investor Triton has acquired 52% of the company and the previous owners will continue as a part of the management team operating the company as before.

‟OBH Nordica’s owners have built a fantastic brand in a very short period of time,” says Thomas Karlsson, President at Livingstone, and continues, ‟The fact that a Nordic company has become a market leader on a market of global players is a major accomplishment. Bringing in a new owner was a natural step at this point, something which will simplify their planned international expansion and prepare the company for a possible future IPO.”

OBH Nordica has attracted substantial interest from both industrial and financial buyers, several of whom are global players. However, the choice fell on the Northern European private equity firm of Triton.

‟It is obvious that the financial buyers are moving forward their positions. Our most recent market report indicate that the trend with high M&A activity within mid-market will continue, we have a very exciting autumn to look forward to,” says Thomas Karlsson.

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Key Transaction Team

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