Sale of shares in Dustin
Altor Fund II (”Altor”) has today sold 7,617,312 shares, representing 10% of the share capital and votes, in Dustin Group AB (”Dustin”) to Axel Johnson AB.
Following this transaction, Altor owns 18,254,878 shares in Dustin (24% of the share capital and votes).
In 2006, Altor acquired a majority ownership in Dustin, founded by the Lundevall family in 1984. In February 2015, Dustin was listed on Nasdaq Stockholm and the company today has close to 6,500 shareholders.
For more information, please contact:
Tor Krusell, Head of Communication, Altor: +46 8 678 91 96
About Altor
Since inception, Altor’s four funds have raised EUR 5.8 billion in total commitments and have invested in excess of EUR 3.1 billion in more than 40 companies. The investments have been made in medium sized Nordic companies with the aim to create value through growth initiatives and operational improvements. Among current and past investments are Apotek Hjärtat, Carnegie, EWOS, Helly Hansen, Dustin and Byggmax.