
FINLAND - ABN AMRO Capital sells Iittala Group for EUR 235m
ABN AMRO Capital has sold Iittala Group Plc, a homeware company that offers a wide range of Scandinavian design-products, to Fiskars Corporation for EUR 235m.
ABN AMRO led the management buyout of Iittala in June 2004. Under ABN AMRO's ownership, it has opened 26 additional stores. At the end of December 2006, the company had 65 stores and an operating profit of EUR 17m on sales of EUR 190m.
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