PRESS RELEASE
Private investment consortium buys Becksöndergaard from Valedo Partners Fund II Ab
A private investment consortium backed by the companys founders, Lis Beck and Anna Søndergaard, has agreed with equity firm Valedo Partners to buy back the company they founded 19 years ago. In 2013 they sold the majority of the company to Valedo with the ambition to scale the company further.
Becksöndergaard has shown strong growth the past year, in own digital channel as well as among top listed customers, which is the outcome of the brand and product development taking place, during the past years. The company renowned for its strong scarf selection and unique eel skin purses has evolved into an all-round access brand with solid growth in categories such as bags, socks and swimwear. Investment in the organization which now holds a strong and competent management team is only one out of many important steps the company has made.
Build on the legacy and original DNA and values, Becksöndergaard – is once again an attractive and relevant Brand, with a broad appeal. The strength of the brand is the playful and colorful accessory assortment, allowing all women to express their individuality.
Co-founder Lis Beck says: “It’s such an exciting opportunity for Anna and I. Becksöndergaard is in a great development, lead by our competent CEO, Nanna. We look forward to working with her and our new group of co-owners, who we all know very well”.
The new board will be headed by former Chairman Danny Feltmann, CEO Designers Company A/S and besides the two founders, Thomas Noroxe, CEO Joe & The Juice A/S and Lars Andreasen, CEO Second Female A/S will step in to support and develop the brand further
The company will continue the strategy, made by the management and Board, which will keep focus on healthy and profitable growth supported by the solid and well operating organization.
Contacts:
Nanna Cotta-Schønberg, CEO
Email: ncs@becksondergaard.com
Phone: +45 29740634
Danny Feltmann, Chairman
Email: Danny.feltmann@gmail.com
Phone: +45 28775560
Lis Beck, Co-founder
Email: lisbeck8@gmail.com
Phone: +45 25336655
Becksöndergaard (www.becksondergaard.com):
In 2003, Becksöndergaard started in Copenhagen, when our founders Anna Søndergaard and Lis Beck set out to create accessories for women who love playful and personal designs that can be styled season after season. Soon, the brand became renowned for its colours, contrasts and unique prints. Becksöndergaard was founded with a passionate belief that women should dress with a personal touch. The brand has a playful and straightforward approach to colours and materials, while remaining true to its Scandinavian roots. We create designs to treasure, to surprise and to give the finishing touch to all outfits no matter the occasion.
The brand has developed exponentially over time with new collections full of personality and attitude being introduced. Today, the brand is sold in more than 18 countries.
Valedo Partners (www.valedopartners.com)
Valedo is an independent Swedish investment company investing in high-quality small/mid cap companies in the Nordic region. Valedo is focusing on companies with clear growth and development potential where Valedo can actively contribute to and accelerate the companies’ development. Being an active owner and contributing with both capital and industrial experience, Valedo ensures that a company can achieve its full potential