Nordstjernan increases holding in Ekornes
Nordstjernan has increased its stake in the Norwegian company Ekornes and now controls 15.4 per cent of the shares in the company.
Ekornes is the largest Scandinavian furniture manufacturer and the company is known for brands such as Stressless and Svane. Nordstjernan has been an investor in Ekornes for the last two years.
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| Fund | Nordstjernan Industriutveckling |
| Portfolio Company | Ekornes |
| Date of Transaction | 2010-05-26 |
| Transaction | Finance round |
| Seller | |
| Buyer | |
| Size of Transaction | |
| Ind. Focus | Consumer |
| Geography | Norway |
| Stage | Small/mid-cap buyout |