Litorina buys Fiskarhedenvillan from Polaris
Litorina has acquired Swedish house manufacturer Fiskarhedenvillan from Polaris Private Equity.
Polaris has fully exited the investment to Litorina, and the company's management has retained minority shareholding. Equity was invested from Litorina IV, which closed on SEK 2.5bn in May 2010.
Previous funding
Polaris took an 87% stake in Fiskarhedenvillan in 2007, investing from Polaris Fund II. The company's turnover has doubled since then.
Company
Fiskarhedenvillan, founded in 1993, builds and sells houses on the Swedish market. Based in Borlänge, the company employs 60 staff and generates a turnover of around SEK 400m.
People
Lars Verneholt worked on the deal for Litorina. Jan Dahlqvist worked on the deal for Polaris.
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