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New Owners of Nordic Nest AB
The owners of NS Intressenter and EOC Capital have jointly acquired 77 per cent of the shares in the Swedish e-commerce company Nordic Nest AB.
Nordic Nest AB, which was founded by Jörgen Bödmar in 2002, is an e-commerce company within interior design with sales to over 70 countries worldwide. Nordic Nest AB offers 15,000 products from close to 200 well-known brands such as Iittala, Marimekko, Georg Jensen and Skultuna. The assortment covers a wide range of products, including glass, dinnerware, storage and lighting.
For 2015 it is estimated that revenues will amount to SEK 160-170 m, which is close to a 100 per cent increase compared with 2014, and an estimated operating profit exceeding SEK 20 m. The company is expanding quickly and during Black Friday, sales increased by more than 450 per cent compared with the same day last year.
”Nordic Nest AB’s philosophy is customer satisfaction in all aspects. The company offers a well thought-out product assortment, fast and reliable delivery, high level of customer support in eleven languages and is characterized by co-workers being highly involved in the success of the company. We are happy to be a part of the continued growth of Nordic Nest AB”, comments Nicklas Storåkers, newly elected Chairman of the Board Nordic Nest AB.
”Our new owners contribute with relevant competence, network and resources well suited for our continued expansion”, comments Jörgen Bödmar, CEO and founder Nordic Nest AB.
Nordic Nest AB has its business based in Kalmar, Sweden and has 50 employees.
The owners and people behind NS Intressenter are Nordstjernan, Karl-Johan Persson, Nicklas Storåkers and Mikael Lindahl. EOC Capital is represented by Anders Brenner and the founders of EOC Partners LLP. The acquisition is made together with the founder Jörgen Bödmar and the management team in the company. Jörgen Bödmar will stay on as the CEO and Nicklas Storåkers is the Chairman of the Board.
Chairman of the Board Designonline
Telefon: +46 70 861 80 01
CEO Nordic Nest AB
Telefon: +46 70 718 31 77
Published 5 december 2015