- Work +46 85 950 60 00
- Fax +46 85 950 60 01
Litorina partners with Eton
Litorina IV L.P. has become the new majority owner of Eton Fashion AB. Eton, a market leader in fine quality men’s shirts, ties, and accessories, was previously wholly owned by the Davidson family who will retain a 35 per cent ownership.
Eton was founded in 1928 in Gånghester, Sweden. Today, the company sells more than six hundred thousand shirts a year in 35 countries around the world and has an annual turnover of approximately SEK 300 million.
Litorina IV is Litorina’s latest fund and has a committed capital of SEK 2.5 billion. Since the first Litorina fund was established in 1998, Litorina’s funds have invested a total of SEK 2.5 billion in 36 companies. Litorina’s current portfolio comprises 15 companies with a combined turnover of SEK 8 billion.
Litorina IV was advised by Mannheimer Swartling in the transaction. The firm’s team included partner Mattias Karlsson and associates Johan Frost Bergman, Kristoffer Stråth and Adam Erdling.
For more information please visit www.mannheimerswartling.se