Sponsor Capital acquires Duell Bike Center

Sponsor Capital will become the new majority owner of Duell, and the previous owners Tom Nylund, Stefan Nylund and Jarkko Ämmälä will continue as significant minority shareholders.

In addition, Dennis Nylund and Johan Drapkin will become new shareholders upon completion of the transaction. 

The GP drew capital from its €200m Sponsor Capital IV fund to support the transaction. The vehicle closed on its hard-cap, exceeding a €175m target in 2014.

Duell's strategic goal is to strengthen relationships with both customers and suppliers in Finland, Sweden, Norway and the Baltic countries. It is also looking to expand in new markets.

Company
Founded in 1983 and headquartered in Korsholm, Duell is an importer and distributor of motorsport parts and accessories in Finland, Sweden, Norway and the Baltic countries. The company reported net sales of €50m last year.

People
Sponsor Capital – Sami Heikkilä (partner).
Duell Bike Center – Tom Nylund (founder); Jarkko Ämmälä (CEO).

Advisers
Equity – Roschier (legal).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Buyouts
• Nordics
• Consumer
• Finland
• Sweden
• Norway
• Baltics
• Sponsor Capital