Since 2014, Gina Tricot has been successfully developed by the founding family Appelqvist, together with Sätila, Frankenius Equity and Nordic Capital. Today, Gina Tricot is a leading, sustainable fashion company in the Nordic region with a rapidly growing digital business. Frankenius Equity has now acquired Nordic Capital's ownership in Gina Tricot and will, alongside the other owners, continue to support the company's development.

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“It is very inspiring and exciting to have the opportunity to increase our ownership. Together with Appelqvist Holding and Sätila, I look forward to continuing to develop Gina Tricot based on the company's market position today. Together with Nordic Capital, we have made significant investments in the company, with a focus on developing a fast-growing e-commerce business, a more sustainable production combined with the launch of several new concepts in the recent years. Gina Tricot stands for both simplicity and passion, both through its design and culture. This is something we will stick to on our continued joint journey ", says Paul Frankenius, Chairman of the Board and co-owner of Gina Tricot.

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The parties have agreed not to communicate financial details.

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Media contacts:

Gina Tricot & Frankenius Equity

Sanna Franklin

Press Contact

Tel +46 70 863 85 55

email: sanna@cultcommunications.com

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Nordic Capital

Katarina Janerud, Communications Manager

Nordic Capital Advisors

Tel: +46 8 440 50 50

email: katarina.janerud@nordiccapital.com

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