Triton funds have acquired a majority stake in OBH Nordica, leading in Scandinavia on small electric houshold appliances, as well as hair- and personal care. OBH Nordica has today 136 employees in Sweden, Norway, Denmark, Finland, the Czech Republic and China. The turnover for 2010 is expected to be approximately 950 MSEK. The former owners will remain part of management and will continue to run the business. The new ownership structure is a natural step towards an international expansion for OBH Nordica and a possible stock exchange listing in the future.
Moll Wendén has represented Triton in this transaction as regards M&A and competition law issues and has also coordinated advice from Danish, Norwegian and Finnish law firms. Moll Wendén’s team has consisted of Mikael Karlsson, Anders Steén, Martin Jönsson, David Klose, Lovisa Elardt, Daniel Nilsson, Josefin Isaksson, Martin Hector and David Egonson.