Accent Equity divests Cervera
The investment fund Accent Equity 2012 L.P. and minority shareholders have agreed to divest Cervera group, the leading Swedish retailer of high-quality products for preparation and serving of food as well as interior decoration, to Home Brands Holding AB, being a part of the Norwegian group Kibord. Cervera has 70 Cervera-branded stores and e-commerce.
Accent Equity was advised by Mannheimer Swartling in the transaction, which is expected to be completed in June 2021.
