FNG acquires Ellos Group
FNG NV (Euronext Brussels and Euronext Amsterdam) acquires through its fully owned subsidiary FNG Nordic AB (publ) all shares in Ellos Group Holding AB (publ) (together with its subsidiaries the "Ellos Group") from Nordic Capital and minority shareholders. Ellos Group is an e-commerce leader in fashion and home furnishings in the Nordic region, with the strong brands Ellos, Jotex, Stayhard and Homeroom. Through this acquisition, FNG enters the Nordic market and expands its e-commerce offering.
FNG was advised by Mannheimer Swartling alongside NautaDutilh Brussels in the transaction.