Cubera Private Equity

NORDIC SECONDARY SPECIALIST

Nordic Capital VII completes exit of Europris

Nordic Capital Fund VII has sold its remaining shares in Europris ASA, a leading Norwegian variety discount retailer, through an substantially oversubscribed bookbuilding.

Nordic Capital acquired Europris in 2012. Since then Europris has strengthened its market position in Norway through improved customer offerings, further rollout of approximately 40 stores during the ownership period and investments in the existing store portfolio. The company holds a strong low price position and has an efficient sourcing strategy with direct access to manufacturers.

 

 

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