OptiGroup to grow in Europe with FSN Capital as new owner
FSN Capital VI has signed an agreement to acquire OptiGroup and the Dutch company Hygas to create a European Group in the business-to-business distribution industry. FSN Capital VI will be the leading shareholder in the combined Group and OptiGroup’s existing shareholders, Altor Fund II, Triton II Fund and RoosGruppen AB will remain as minority owners. The transaction is expected to be finalised in the first quarter of 2022 subject to customary statutory approvals. The parties have agreed not to disclose details of the transaction.
OptiGroup and Hygas, which will have a combined revenue of EUR 1.3 billion, complement each other both geographically and in terms of their attractive product offerings to B2B customers across Europe. The Group’s strategy will be to continue driving organic growth and acquisitions, while also driving sustainability in the industry.
The combined Group will operate under the name OptiGroup and have its headquarters in Mölndal, Sweden. The Group CEO will be Sören Gaardboe, currently CEO of OptiGroup.
For further information, please contact:
Sören Gaardboe, CEO, OptiGroup, soren.gaardboe@optigroup.com
Marcus Egelstig, Partner, FSN Capital, me@fsncapital.com
Stefan Sikander, Corporate Communication Director, OptiGroup, stefan.sikander@optigroup.com
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.
About Hygas
Hygas 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 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.
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