Capvest buys Scandza

The management team has increased its shareholding in the firm as part of the transaction. 

The GP will follow a buy-and-build strategy to grow the asset.

Existing portfolio companies in the Nordic food and beverage sector include Cardinal Foods, bought from Capman in April 2013. 

Company
Founded in 2008 and based in Oslo, Scandza is a Nordic consumer food and beverage platform business that brings together several brands in Nordic markets spanning chilled foods, snacking and baked goods.

The company recorded a €236m turnover last year. 

People
Christopher Campbell represented Capvest and will join the Scandza board as chairman following the deal. 

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• Topics
• Nordics
• Consumer
• Buyouts
• Norway
• CapVest Equity Partners