CapMan has sold Lunawood to Accent Equity
CapMan Oyj has sold Lunawood to funds managed by Accent Equity Partners Ab.
Lunawood is one of the pioneers in thermally modified timber (TMT) and has developed into the leading global player in softwood thermowood. TMT is a much more sustainable alternative to traditional wood products, such as impregnated wood and tropical hardwood, and an excellent choice for decorative surfaces. Lunawood’s products, sold in 50 countries, are primarily used for cladding and facades.
Accent Equity Partners is a buyout investment pioneer in the Nordic region. Accent Equity funds have invested in 87 companies, of which 69 have been realized. The firm’s ambition is to develop its portfolio companies to be the Nordics, European and global leaders through the sustainable improvement of their operations as well as by strategic positioning. Accent Equity Partners is the investment advisor to all Accent Equity funds.
CapMan is a leading Nordic private asset expert with an active approach to value creation. It offers a wide selection of investment products and services. As one of the Nordic's private equity pioneers, CapMan has developed hundreds of companies and real estate assets creating substantial value over the past 30 years. The firm has over US$3 billion in assets under management. Its investment strategy covers private equity, real estate and infrastructure. CapMan also has a growing service business that includes procurement, fundraising advisory and analysis, reporting and wealth management. Altogether, CapMan employs 140 people in Helsinki, Stockholm, Copenhagen, London, Moscow and Luxembourg.
Oaklins' team in Finland acted as sell-side financial advisor. Oaklins' building materials team in the UK shared their expertise to support the transaction.
Anders Holmén
Investment Director, CapMan Oyj
Talk to the deal team
Brian Livingston
Oaklins Evelyn Partners
Related deals
VINCI Energies has acquired RH Marine and Bakker Sliedrecht
RH Marine and Bakker Sliedrecht have been acquired by VINCI Energies. With this transaction, VINCI Energies will gain market position in the Dutch maritime sector and strengthen its industrial portfolio.
Learn moreJeco Energies has sold a significant minority interest to NPM Capital
NPM Capital has acquired a significant minority interest in Jeco Energies. By teaming up with NPM Capital, Jeco Energies is ready for the next step in its remarkable growth trajectory and strengthening its position as the leading industrial energy solutions provider.
Learn moreGroupe JVS has completed an LBO with Capza and Bpifrance
The shareholders of Groupe JVS have completed an LBO with Capza and BpiFrance. Parquest sold their shares after partnering with the organization for three years. Groupe JVS’s management team will increase its ownership and remain as the majority shareholder of the group, alongside CAPZA and Bpifrance.
Learn more