M&A Deal Summary

Felleskjøpet Acquires Granngarden

On July 7, 2016, Felleskjøpet acquired retailer Granngarden from EQT

Acquisition Highlights
  • This is Felleskjøpet’s 1st transaction in the Retail sector.
  • This is Felleskjøpet’s 1st transaction in Sweden.

M&A Deal Summary

Date 2016-07-07
Target Granngarden
Sector Retail
Buyer(s) Felleskjøpet
Sellers(s) EQT
Deal Type Add-on Acquisition

Target

Granngarden

Malmö, Sweden
Granngarden is a nationwide Swedish retailer offering products centered around gardening, animals, and nature. Granngarden was founded in 1880 and is based in Malmö, Sweden.

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Buyer(S) 1

Buyer

Felleskjøpet

Lillestrøm, Norway

Category Company
Sector Retail
DESCRIPTION

Felleskjøpet is a Norwegian supplier to the agricultural sector and operates a retail chain focused on gardens, houses, pets, outdoor, and agriculture. Felleskjøpet is based in Lillestrøm, Norway.


DEAL STATS #
Overall 1 of 1
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2016 M&A 1 of 1

Seller(S) 1

SELLER

EQT

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 242.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

EQT is a global private equity group that purses a variety of investment strategies around the world. EQT is divided into several investment disciplines, including private capital, real assets, credit, and venture. The Firm's private capital group targets large, market-leading enterprises (investment size of €125 to €1.5 billion) across Europe and the US, as well as mid-market, growth companies (investment size of €40 to €125 million) across the US, Europe, China, and Southeast Asia. The Firm's real assets group seeks to identify control or co-control equity investments (investment size of €500 to €1 billion) in medium-sized infrastructure companies that provide an essential service to society, are recession resilient, and have secure cash flows. EQT's credit group provides flexible, long-term debt capital solutions to medium-sized European businesses, across a wide range of sectors. EQT was established in 1994 and is headquartered in Stockholm, Sweden.


DEAL STATS #
Overall 81 of 194
Sector: Retail M&A 6 of 12
Type: Add-on Acquisition M&A Deals 34 of 76
Country: Sweden M&A 23 of 34
Year: 2016 M&A 5 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-07 Modern Metal & Refining

Kwai Chung, China

Modern Metal is a aluminum die casting manufacturer in China and a major supplier of highly-engineered aluminum die casting products in the global automotive, climate control and industrial automation markets. Its customers include leading multinational companies in the USA, Europe and Asia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-21 ECON Healthcare

Singapore, Singapore

Econ Healthcare is one of the largest elderly care service providers in the region, operating nine medicare centers and nursing homes in Singapore and two in Malaysia. The Company also owns and manages a hospital, a chain of health and wellness centers (under the ECONLIFE! Hub brand), and a care skill training center. ECON Healthcare is based in Singapore.

Sell -