Plantasjen Norway AS

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Plantasjen Norway AS - overview

Location

-, -, Norway

Primary Industry

Agribusiness

About

Plantasjen Norway AS, based in Norway, operates as a retailer specializing in gardening products and outdoor living solutions, enhancing the gardening experience for customers across various skill levels. Plantasjen Norway AS is a retail company focusing on gardening and outdoor living products. It was acquired by Apax Partners in December 2006 from EQT, although financial terms were not disclosed. The company operates multiple locations, primarily in Norway, with a significant presence in Sweden as well.


Plantasjen offers a diverse range of gardening products including indoor and outdoor plants, garden furniture, tools, and decorative items. Their extensive selection caters to both amateur and professional horticulturists, featuring perennials, shrubs, trees, and outdoor furniture such as loungers and patio sets. Additionally, Plantasjen provides a variety of gardening accessories to support home gardening and landscaping projects. In 2023, Plantasjen reported a revenue of EUR 242,161,097.


90, with an EBITDA of EUR 31,880,039. 40, generated through direct-to-consumer sales in their retail stores. Their pricing strategy emphasizes affordability while catering to a broad customer base, further supported by membership programs that encourage repeat business. Plantasjen intends to utilize the funding from its latest acquisition deal to accelerate growth and expand into new geographical markets.


The company is currently designing new product lines aimed at enhancing its existing offerings, with plans for a broader rollout. Specific target markets for expansion have not been disclosed, but the company is focused on increasing its presence in existing regions and potentially entering new ones.


Current Investors

Primary Industry

Agribusiness

Sub Industries

Crop Production, Agribusiness

Website

www.plantasjen.no

Verticals

E-commerce, Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Plantasjen Norway AS - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutCompletedPlantasjen Norway AS-
BuyoutCompletedPlantasjen Norway AS-

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