January 10, 2015
Translink Corporate Finance announces the sale of 37% of East.dk ApS to Industri Udvikling IV K/S.
Industri Udvikling IV K/S has acquired part of East.dk ApS, why they now own the company together with the original owners. The company was established in 2007.
The company designs and produces women’s wear targeted at Danish and international brands, who supplements their own collection with styles from East.dk ApS. East.dk ApS is notably strong in designs, and has a competitive advantage in their business model, being able to present 50-60 styles to customers each week with a 4-5 weeks delivery time.
The customers consist of 80 distinctive brands located in Northern Europe, mainly in Denmark but also Netherlands, Germany, UK and Sweden.
The investment derives out of an aspiration from the original owners of wanting to embody an external partner in the further operations and pursuit of new markets.
As the investor is a private equity fund, the industry involved suffice to the clothing industry. Both of the companies are located in Denmark. East.dk ApS further owns a production facility in China and two sales offices in Germany supporting the sales in the EU. In the UK the company has hired a sales agent.
Contact our Team Members advising in this transaction:
Translink Corporate Finance Denmark / Schrøder Translink, based in Copenhagen, is one of the leading M&A advisors in the Danish M&A market (SME segment). The 3 senior partners combined have participated in more than 200 transactions, many of which have been cross-boundary transactions. Before entering the M&A industry, all three partners have gained solid management experience, and in combination they possess deep industry insights across a number of industries.