Litorina acquires Cederroth with CapMan
Funds advised by CapMan and Litorina acquire Cederroth International AB from American Alberto Culver Company.
Cederroth develops, manufactures, sells and distributes consumer brands within wound care, personal care, health care and household care. The goal is to continue to develop Cederroth and strengthen the company’s position as a leading local consumer brand company in the Nordic region and in other select markets. Litorina will own ca 20% of Cederroth.
Read more
| Fund | Litorina Kapital III LP Argentum share 8.7% |
| Portfolio Company | Cederroth International |
| Date of Transaction | 2008-05-19 |
| Transaction | Acquisition |
| Seller | Alberto Culver Company |
| Buyer | Litorina Kapital III LP |
| Size of Transaction | |
| Ind. Focus | Consumer |
| Geography | Sweden |
| Stage | Small/mid-cap buyout |