Scope-backed Brand Factory acquires Kariplast
Scope Capitalтs portfolio company Brand Factory has wholly acquired the Finnish producer and supplier of in-store communication Kariplast Oy.
The acquisition has not seen any additional investments in the company by Scope. Brand Factory's purchase of Kariplast will see the company consolidate its position in the Nordic market.
Kariplast Oy is based in Hyvinkää and specialises in in-store communications and merchandising for the retail sector. In 2009 the company recorded a turnover of SEK 22m, with a net profit of SEK 6.5m
Scope acquired a majority stake in Brand Factory in January 2010 through the Scope Growth II fund. The group focuses on corporate, brand and product branding with its headquarters located in Upplands Väsby. Brand Factory recorded a turnover of SEK 295m in 2009 and employs 185.
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