FSN Capital finalises the acquisition of OptiGroup and Hygos
FSN Capital VI has finalised its previously announced acquisition of OptiGroup and the Dutch company Hygos. FSN Capital VI will be the leading shareholder and have full management control of the combined Group. The transaction was completed following the approval by regulatory and competition authorities. The parties have agreed not to disclose details of the transaction.
OptiGroup and Hygos complement each other both geographically and in terms of their attractive product offerings to B2B customers across Europe. The combined Group, with a revenue of EUR 1.3 billion, will operate under the name OptiGroup. Supported by FSN Capital, OptiGroup’s strategic aim is to continue driving organic growth and acquisitions, while also driving sustainability in the industry.
For further information, please contact:
Sören Gaardboe, CEO, OptiGroup, soren.gaardboe@optigroup.com
About OptiGroup
OptiGroup is a leading European distribution Group offering customised supply solutions to B2B customers. OptiGroup companies specialise in providing customers, primarily within cleaning & facility management, hotel & restaurant, healthcare, manufacturing industries and the graphical sector, with products and services that streamline operations and promote a more successful business.
About Hygos
Hygos Group is a leading Benelux supplier of hygiene products, medical disposable, protective equipment and services, and packaging materials for a wide range of industries across 14 offices. The group started as Cemex Trescon, and completed multiple add-on acquisitions in the recent years.
About FSN Capital
Established in 1999, FSN Capital Partners is a leading Northern European private equity firm and investment advisor to the FSN Capital Funds, with €4 billion under management. FSN Capital Funds make control investments in growth-oriented Northern European companies, to support further growth and to transform companies into more sustainable, competitive, international, and profitable entities.
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