Nordic Capital acquires a majority stake in Ryds Bilglas
Nordic Capital Fund VIII (“Nordic Capital”) has signed an agreement to acquire 90 percent of the shares in Ryds Bilglas, one of the leading vehicle glass repair and replacement companies in Sweden. The shares will be acquired from Nalka Invest and the founding family Ryd. The Ryd family will remain as shareholders with 10 percent of the Company and will also remain on the Board of Directors. Nordic Capital sees great potential in supporting the acceleration of Ryds Bilglas’ growth agenda, including operational improvements and digitalisation initiatives.Ryds Bilglas is one of the leading