Ratos sells 30% stake in Gudrun Sjödén

Ratos has been a part owner of Gudrun Sjödén since September 2016 and will receive a consideration of around SEK 225m for its shares. The total investment in the company amounts to SEK 160m for a 30% holding. Following the deal, the company's CEO and founder, Gudrun Sjödén, will resume full ownership of the company.

During Ratos's holding period, the company developed as a brand through investment in its organisation, digitalisation and increased customer value, according to the GP.

The divestment is expected to generate a positive exit gain of around SEK 30m for Ratos and is scheduled to be completed in the third quarter 2018. 

Previous funding
Ratos acquired a 30% stake in Gudrun Sjödén from its founders for SEK 150m in a deal announced in July 2016. The transaction included the option for Ratos to acquire a further 40% stake and valued the businesses at SEK 725m.

Company
Founded in 1976 and headquartered in Stockholm, Gudrun Sjödén designs and manufactures clothes and homeware using sustainable materials. The business operates from bricks-and-mortar stores across seven countries, in addition to its online store. Its largest markets are Germany and Sweden.

People
Ratos – Jonas Wiström (CEO).
Gudrun Sjödén Group – Gudrun Sjödén (founder, CEO).

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• Topics
• Exits
• Nordics
• Consumer
• Sweden
• Ratos Holding
• Management buyback