Karnell acquires Kasthall
Karnell has closed the second deal for its K3 fund, with the acquisition of Kasthall Mattor och Golv AB.
The company designs and produces carpets that have been tufted by hand. Production is based in Sweden but Kasthall sells its products globally. It employs 130 people and has a turnover of approximately SEK 160m. The investment will support the continued expansion of production and sales capabilities.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Viktor Lundvall on +44 20 7004 7476 or viktor.lundvall@incisivemedia.com
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