Alleghany Capital Corporation (“Alleghany Capital”), a wholly-owned subsidiary of Alleghany Corporation, today announced that it has entered into a definitive agreement to acquire a 45% equity interest in Wilbert Funeral Services, Inc. (“Wilbert”).
Translink Corporate Finance announces the management buyout of Kultakeskus Oy, one of the largest Nordic jewellery manufacturer. Translink acted as the exclusive financial adviser to the management of Kultakeskus Oy. Kultakeskus is one of the leading Nordic jewellery manufacturers. Its offering includes gold, diamond and silver jewellery as well as other silver and metal products such as cutlery and trophy products. Furthermore, Kultakeskus also imports several brand watches. Management Buyout (MBO) of Kultakeskus Oy: A New Chapter for Finland’s Leading Precious Metals Manufacturer Translink Corporate Finance is pleased to have advised on the successful Management Buyout (MBO) of Kultakeskus Oy, a premier Finnish manufacturer of precious metal products. This significant transaction positions Kultakeskus for continued growth and innovation in the highly competitive precious metals and jewelry manufacturing industry. About Kultakeskus Oy Founded in 1918, Kultakeskus Oy has a rich heritage as Finland’s leading producer of high-quality gold, silver, and other precious metal products. The company is renowned for its craftsmanship in creating fine jewelry, silverware, and corporate gift items, which are sold across Finland and internationally. Kultakeskus is not only a respected brand in luxury goods but also a trusted partner for custom-designed precious metal products used in medals, trophies, and awards. Kultakeskus combines traditional craftsmanship with modern production techniques, allowing it to meet the evolving demands of its diverse client base, which includes retailers, corporate clients, and individual consumers. Significance of the MBO The Management Buyout marks an important milestone in the company’s long history. Through this strategic move, Kultakeskus’ management team will assume full ownership of the business, ensuring continuity in leadership and preserving the company’s strong legacy. This MBO allows Kultakeskus to remain independent and continue its focus on producing high-quality precious metal products while further strengthening its market position both in Finland and abroad. The MBO was driven by a shared vision between the management team and the existing shareholders to enhance the company’s operational efficiency and expand its offerings in the luxury goods and metal manufacturing sectors. With the MBO, Kultakeskus aims to leverage its established brand and invest in new product lines, further improving its manufacturing capabilities in gold, silver, and other valuable metals. Future Outlook for Kultakeskus Oy Under its new ownership, Kultakeskus is poised for growth in key markets, particularly in the Nordic region and other European countries. The company’s focus will be on expanding its product portfolio, enhancing customer relationships, and exploring new opportunities in the jewelry and corporate gift markets. In addition, Kultakeskus aims to continue its tradition of delivering custom-made precious metal products for ceremonial and commemorative purposes, solidifying its reputation as a leader in high-end craftsmanship. Translink’s Role in the Transaction Translink Corporate Finance served as the exclusive advisor for this successful MBO. Our team’s deep expertise in corporate finance, combined with extensive experience in the luxury goods and manufacturing sectors, ensured a smooth and efficient transaction. This MBO represents another successful collaboration where Translink’s tailored advisory services helped guide management through the complexities of acquiring ownership and executing a well-structured buyout.
Contact our Team Members advising in this transaction:
Translink Corporate Finance Finland, based in Helsinki, is one of the leading M&A boutiques in the Finnish market. Since its foundation more than 15 years ago, their partners completed more than 100 M&A transactions in different industries, worked closely together with a number of business partners and industry players, both locally and internationally. In addition Translink Finland is a Certified Adviser on NASDAQ OMX First North.
Tero
Nummenpää
Chairman Translink International
Partner Translink Finland
tnummenpaa@translinkcf.com
Jari
Lauriala
Partner
jlauriala@translinkcf.com
Pontus
Backlund
Partner
pbacklund@translinkcf.com
Lyxxa has been acquired by the Scandinavian jewelry market leader Golden Heights or Iduna. Lyxxa operates since 1954 a successful goldsmith business in Helsingborg, south Sweden. Lyxxa is particularly strong in sales of jewelry from reputable suppliers with strong brand names such as Ole Lyngaard, Efva Attling, Pandora, Georg Jensen, Thomas Sabo and also conducts an extensive manufacturing of diamond rings of own design.
Oscar of Sweden has more than a 60-year history and is today known for designing shirts of high quality. With the acquisition the buyer forms a new subsidiary in Sweden, which takes over the operations of Oscar of Sweden, as well as the company name. Sangar produces men’s dress shirts and accessories in Estonia since 1956. The pro forma turnover is EUR 10 million. “We are a perfect match, says AS Sangar’s CEO Gunnar Kraft. We have been looking for a complementary brand for a while and with Oscar of Sweden Sangar will reach a new audience in the higher quality segment. We see great potential to expand both our brands on the international market.” The deal comes through after collaboration between the Swedish financial advisor Anecta Translink and its Italian partner company Translink Strempel & Co. The origin was that Anecta Translink was assigned as advisor for Oscar of Sweden. The international partner network was engaged in an extensive industry search. “The final buyer was in fact introducted through Italy, says Lars af Ekenstam, Partner of Anecta Translink. Sabina Grisorio, Associate Partner at Translink Italy, led an in-depth market search in the fashion sector, which successfully identified the Estonian firm Sangar as an excellent fit for Oscar of Sweden.
Contact our Team Members advising in this transaction:
Anecta Translink, a member of the Translink Corporate Finance group, is based in Sweden. As an M&A advisor working with national and cross-border transactions, the team’s success is based on a wide industrial group and the fact that many of the team members have backgrounds as executives in Swedish industrials.
Translink Corporate Finance announces the sale of 37% of East.dk ApS to Industri Udvikling IV K/S.
Translink Corporate Finance announces the sale of Ticket to Heaven A/S, Denmark to kids fashion group, GmbH Germany by selling 100% of its shares. Translink acted as the exclusive financial adviser to Ticket to Heaven A/S.
Translink Corporate Finance announces the sale of Netrauta Finland Oy, a Finnish DIY home improvement online store to Bygghemma Sverige AB.
Translink Corporate Finance announces the acquisition of the Plastics Technology Automotive and Industrial (A & I) division of WEIDMANN International (WICOR group).
Translink International AG
