All Altor articles
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News briefsXXL appoints interim CEO after ownership shift
The Nordic sports retailer names a new interim leader following ownership changes and a leadership shake-up.
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News briefsFrasers Group acquires majority stake in XXL
The UK retail group takes control of a leading Scandinavian sports chain facing liquidity pressures and strategic uncertainty.
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News briefsAltor sells 6.9% of RVRC shares
Private equity company Altor has sold shares in outdoor company Revolution Race (RVRC) for SEK 397 million (€35.2m) last Friday, habit.se reported. The sale was made at a discount of about 7.3 percent compared to RVRC’s last closing price on Thursday. Altor, which recently bought Renewcell’s bankruptcy estate, had a ...
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ArticleAltor buys the remaining assets of bankrupt Renewcell
The private equity company Altor Equity Partners has acquired the bankruptcy assets of the textile recycling company Renewcell for an undisclosed sum. As part of the acquisition, Altor is creating the new company Circulose, a name already closely associated with Renewcell. The Swedish textile recycling company was founded in 2012 ...
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News briefs
UPDATE: RevolutionRace goes public
According to ehandel.se, RevolutionRace from Sweden has published its prospectus and IPO price on June 7 (we reported earlier). The latter lands at SEK 75 (€7.44-$9.06) per share, which corresponds to a market value of just under SEK 8.5 billion (€843m-$1.02bn). Founders Pernilla and Niclas Nyrensten, who currently own 34 ...
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ArticleSwedish DTC brand RevolutionRace with new chairman
RevolutionRace (RVRC), a Boras, Sweden-based D2C startup owned by Altor, a Stockholm-based private equity investment firm, has received a prominent addition to its board. E-commerce professional Paul Fischbein is taking over as chairman of the outdoor company that made around €50m in sales in 2020. RevolutionRace was founded by Pernilla ...
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ArticleChanging of the guard at Rossignol
(SGI) After 16 years at the helm of Groupe Rossignol, Bruno Cercley will hand over the position of CEO to Vincent Wauters, who joins the company on Dec. 1, to pursue the global development of Groupe Rossignol’s core business while continuing to develop the enormous potential of apparel and e-commerce. ...
