Kährs Holding AB
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Kährs Holding AB - overview
Established
1857
Location
Malmo, -, Sweden
Primary Industry
Forestry & Timber
About
Based in Sweden, Kährs Holding AB is a manufacturer of premium flooring solutions, specializing in engineered wood, vinyl, and laminate products for residential and commercial markets, emphasizing sustainability and innovative design. Kährs Holding AB, founded in 1857, operates in the flooring solutions sector, focusing on engineered wood and other flooring types. The company is headquartered in Malmö, Sweden. In October 2012, it merged with Karelia-Upofloor Oy, a move that combined the product offerings and geographic reach of both companies.
Johan Magnusson serves as the CEO. Kährs Group specializes in the manufacturing and distribution of premium flooring solutions tailored for both residential and commercial markets. The company offers a diverse range of flooring products that emphasize sustainable innovation, durability, and Scandinavian design principles. Their core product offerings include engineered wood, vinyl, and laminate flooring, designed to meet various aesthetic and functional needs across diverse environments.
Kährs' flooring solutions address end-user requirements such as style, ease of maintenance, and sustainability, making them suitable for private homes as well as high-traffic public and commercial spaces. The company serves a global client base, delivering its products to customers in nearly 70 countries, including key markets in Europe, North America, and Asia. In the most recent fiscal year of 2021, Kährs Group reported revenue of USD 385. 83 mn.
The company's EBITDA for 2022 was USD -1. 48 mn. Kährs Holding AB continues to focus on growth through product innovation and geographic expansion. The company aims to enhance its product lineup, although specific upcoming product launches have yet to be detailed.
Kährs plans to further penetrate markets in Europe, North America, and Asia, leveraging its recent merger with Karelia-Upofloor Oy to integrate product ranges and expand its market presence. The merger, completed in October 2012, was aimed at combining the strengths of both companies to better serve a wider customer base.
Current Investors
Kährs Holding AB, Triton
Primary Industry
Forestry & Timber
Sub Industries
Consumer Products, Wood/Hard Products
Website
www.kahrsgroup.com
Verticals
Manufacturing
Company Stage
Merged
Total Amount Raised
Subscriber access only
Kährs Holding AB - financials
| Fiscal Year Ended | Mar 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 1,558,587,000 | 2,436,886,000 | 2,594,819,000 | 2,723,983,000 | 2,894,308,000 | 3,071,642,000 | 3,191,271,000 | 3,116,540,000 | 3,018,179,000 | 3,309,494,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | 6.5% | 5.0% | 6.3% | 6.1% | 3.9% | (2.3%) | (3.2%) | 9.7% | - | - | - |
| EBITDA (USD) | (388,000) | 72,233,000 | 154,573,000 | 214,699,000 | 265,008,000 | 225,805,000 | 239,428,000 | 245,722,000 | 157,060,000 | 284,703,000 | 386,170,000 | - | - | - |
| Operating Income (USD) | (388,000) | 23,965,000 | 58,402,000 | 122,790,000 | 171,519,000 | 132,772,000 | 147,735,000 | 150,731,000 | 44,336,000 | 178,651,000 | 236,014,000 | - | - | - |
| Operating Margin | - | 1.5% | 2.4% | 4.7% | 6.3% | 4.6% | 4.8% | 4.7% | 1.4% | 5.9% | 7.1% | - | - | - |
| % EBITDA Margin | - | 4.6% | 6.3% | 8.3% | 9.7% | 7.8% | 7.8% | 7.7% | 5.0% | 9.4% | 11.7% | - | - | - |
| NET Income (USD) | (6,411,000) | (27,730,000) | (39,285,000) | 31,425,000 | 61,859,000 | 59,169,000 | 86,248,000 | 35,714,000 | (92,722,000) | 123,455,000 | 126,000,000 | - | - | - |
| % Net Margin | - | (1.8%) | (1.6%) | 1.2% | 2.3% | 2.0% | 2.8% | 1.1% | (3.0%) | 4.1% | 3.8% | - | - | - |
Kährs Holding AB - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Ehrenborg & Co AB | - | ||||||||
| Trade Sale | Completed | POŽGAJ d.o.o. | - | ||||||||
| Merger | Completed | Kährs Holding AB, Karelia-Upofloor Oy | - | ||||||||
| Buyout | Completed | Kährs Holding AB | - |
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