FSN Capital buys PM Retail

PM Retail was bought from the Mørck family, which has owned the company since 1987. No further financial details have been disclosed.

Company
PM Retail, founded in 1987, designs and sells women's clothing for the 40+ segment of the Norwegian market. The company owns a number of brands, which are distributed through 45 Norwegian retail stores. It had a turnover of NOK 290m, increased by around 30% from the previous year, and EBITDA of NOK 65m.

People
Partner Henrik Lisæth worked on the deal for FSN Capital. Per Mørck is CEO of PM Retail.

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