News. 07/04/04

Procuritas Capital Investors III acquires Brio Lek & Lär AB

Press Release, Stockholm and Osby

Procuritas Capital Investors III acquires all the shares in Brio Lek & Lär AB, a distributor of educational supplies to pre-schools and schools. The company has sales of 334 MSEK and has operations in Sweden, Norway, Denmark and Finland.

Brio Lek & Lär AB is the leading supplier of furniture, toys, stationary and craft to preschools and schools in the Nordic region, and one of the leading suppliers within the same product areas to the schools in Sweden.

– Brio Lek & Lär AB has a very strong market position, with the widest product sortiment on the market. We intend to continue the expansion in Sweden and the rest of the Nordic region, within the pre-school and the school segments, states Peter Toyberg at Procuritas Partners KB, the adviser to the fund Procuritas Capital Investors III.

Brio Lek & Lär AB, with affiliates in Norway, Denmark and Finland, has its headquarters in Osby, and employs in total 89 people.

– With our new owners, we have a positive outlook for the future. The company will have an exciting development. With financially strong owners, with earlier documented experience from actively developing companies, we are in a good position to continue to develop the company’s market position, says Lennart Pihl, acting CEO of Brio Lek & Lär AB

Procuritas Capital Investors III acquires all of the outstanding shares in Brio Lek & Lär AB. The company was previously held by Brio AB, as the business unit Brio Educational.

Procuritas Capital Investors III is a private equity fund focused on mid-sized companies in the Nordic region. The Fund’s investors include, among others, Nordea Liv, Sampo and Statoil. The fund is advised by Procuritas Partners KB.

For questions, please contact

Brio Lek & Lär’s CEO Lennart Pihl (+46 705 94 68 66) or
Procuritas Capital Investors III, Peter Toyberg (+45 33 91 87 00)

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