Polaris divests Louis Poulsen
Polaris has entered into an agreement to divest its majority shareholding in Louis Poulsen to Investindustrial Group Holdings SA, which is an investment subsidiary of Investindustrial VI L.P. (“Investindustrial”). Louis Poulsen has developed strongly under Polaris’ ownership since the acquisition in 2014, generating considerable revenue and earnings growth. The development has been driven by significant investments in the Company’s brand, product development and sales as well as organizational and operational improvements.
Please see press release below:
For more information please contact:
Allan Bach Pedersen, Partner
Phone: +45 4030 2415