FSN Capital VI has signed an agreement to acquire OptiGroup and the Dutch company Hygas to create a European Group in the business-to-business distribution industry. FSN Capital VI will be the leading shareholder in the combined Group and OptiGroup’s existing shareholders, Altor Fund II, Triton II Fund and RoosGruppen AB will remain as minority owners. The transaction is expected to be finalised in the first quarter of 2022 subject to customary statutory approvals. The parties have agreed not to disclose details of the transaction.
OptiGroup and Hygas, which will have a combined revenue of EUR 1.3 billion, complement each other both geographically and in terms of their attractive product offerings to B2B customers across Europe. The Group’s strategy will be to continue driving organic growth and acquisitions, while also driving sustainability in the industry.
The combined Group will operate under the name OptiGroup and have its headquarters in Mölndal, Sweden. The Group CEO will be Sören Gaardboe, currently CEO of OptiGroup.
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