Procuritas aquires Sweden’s leading tire service chain
Procuritas Capital Investors IV is set to acquire Dackia, Sweden’s leading tire service chain. Procuritas is acquiring the chain from Goodyear, who plans to stay on as the company’s key supplier despite selling their majority holding in the company.
Dackia’s management team are confident that Procuritas’ competence and resources will allow them to improve their opportunities in the market. Procuritas mentions Dackia’s brand name and market position as impressionable areas, and states that they have the capital required to support the continued development of company.
Dackia has a turnover of approximately EUR 55 million, and employs about 350 people.
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| Fund | Procuritas Capital Investors IV LP Argentum share 23.73% |
| Portfolio Company | Dackia |
| Date of Transaction | 2009-06-16 |
| Transaction | Acquisition |
| Seller | |
| Buyer | |
| Size of Transaction | |
| Ind. Focus | Consumer |
| Geography | Sweden |
| Stage | Venture |