London-based equity group buys Danish furniture retailer BoConcept

At least someone is Br-entering

Jul 7, 2016

London-listed private equity group 3i has purchased the Scandinavian furniture chain BoConcept.

The deal cost 3i nearly 1.5 billion kroner. BoConcept currently has 250 shops, of which 13 are in the UK. The company will be delisted from the Copenhagen Stock Exchange as part of the deal.

Bo Concept has been publicly traded since the 1980s. It was founded as a furniture factory in Herning in 1952 by Ærthøj Jensen and Tage Mølholm.

Going even more global
3i said it hopes to expand BoConcpet globally, calling it “a successful international brand with a proven track record in over 60 countries”.

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London-based equity group buys Danish furniture retailer BoConcept

New US Arctic security strategy co-opts Denmark as Russia deterrent

Anti-whaling activist and Greenpeace co-founder Paul Watson arrested in Greenland

Migratory birds bring dangerous ticks to Denmark

Planes grounded in CPH as worldwide IT outage hits airlines, media and banks

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Foreign labour contributes DKK 76 billion to Danish economy in three months

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