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Polaris Sells Louis Polsen Stake To Investindustrial

Nordic PE shop Polaris Equity Partners has today entered into an agreement to divest its majority shareholding to Investindustrial Group Holdings SA, which is an investment subsidiary of Investindustrial VI L.P. Since Polaris’ entry as majority shareholder in 2014, Louis Poulsen has increased revenue by more than 20% to DKK 801 million in 2017, corresponding to average annual growth of 7%, and the profit margin (EBITDA) has more than doubled. At the same time, Louis Poulsen has opened new showrooms in cities like Tokyo and Los Angeles, moved to new markets such as South Korea, France and Italy, as well as...