Altor Fund II (”Altor”) has today sold 3 808 656 shares representing 5% of the share capital and votes in Dustin Group AB (”Dustin”) at SEK 58.50 per share to Axel Johnson AB through their wholly owned subsidiary AxMedia AB.
Following this transaction, Altor owns 15% of the shares in Dustin.
In 2006, Altor acquired a majority ownership in Dustin, founded by the Lundevall family in 1984. In February 2015, Dustin was listed on Nasdaq Stockholm and the company today has close to 6,000 shareholders.
For more information, please contact
Tor Krusell, Head of Communications Altor Equity Partners +46 70 543 87 47
Since inception, the family of Altor funds have raised some EUR 5.8 billion in total commitments. The funds have invested in excess of EUR 3.4 billion in more than 40 companies. The investments have primarily been made in medium sized companies with the aim to create value through growth initiatives and operational improvements. Among current and past investments are Carnegie, Dustin, Rossignol, ByggMax and Transcom. For more information visit www.altor.com