Tretorn Sweden AB

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Tretorn Sweden AB - overview

Established

1891

Location

Helsingborg, Skåne, Sweden

Primary Industry

Consumer Products

About

Tretorn Sweden AB is a manufacturer specializing in high-quality footwear and outdoor products, focusing on sustainability and performance in nature-related activities. Founded in 1891 in Helsingborg, Sweden, Tretorn specializes in outdoor and lifestyle products. The company was acquired by Financo in June 2015, though financial details were not disclosed. CEO Vasko Markovski leads the company as it continues to grow its market presence.


Tretorn specializes in high-quality footwear and outdoor products, primarily designed for a lifestyle that embraces nature and environmental sustainability. Their core offerings include a range of rubber boots, casual shoes, and outdoor apparel, all engineered to provide comfort and durability in various weather conditions. Notable products include their iconic rubber boots, which have been a staple in the outdoor and lifestyle markets since their introduction in the mid-20th century. Tretorn aims to cater to environmentally conscious consumers, including outdoor enthusiasts and urban dwellers who appreciate practical yet stylish footwear.


The company serves a diverse customer base across Europe, North America, and select markets in Asia, targeting both individual consumers and retail partners who share their commitment to sustainability. In 2023, Tretorn generated a revenue of USD 30. 68 mn. The company's EBITDA for the same year was USD -1.


66 mn. Tretorn generates revenue primarily through direct-to-consumer sales and partnerships with retail outlets, engaging with a varied clientele, including outdoor retailers and specialty shops. Their pricing structure includes competitive pricing for flagship products, which are well-positioned in the market for niche outdoor and lifestyle segments. Customers benefit from a streamlined purchasing process, whether shopping online or at physical retail locations, where Tretorn’s brand reputation for quality and sustainability plays a crucial role in driving sales.


The company's focus on maintaining strong relationships with both retailers and consumers ensures a stable revenue stream, reflecting its commitment to quality and customer satisfaction. Tretorn aims to launch new product lines designed to enhance outdoor experiences, with specific designs set for release in the upcoming seasons. The company is targeting expansion into new markets across Asia and North America by 2025. The funding from the acquisition in June 2015 will be leveraged to support these growth initiatives, enhancing product development and market outreach.


Current Investors

Primary Industry

Consumer Products

Sub Industries

Recreational Hobbies & Sporting Goods, Footwear, Clothing, Accessories, Search Engines, Web Applications

Website

www.eu.tretorn.com

Verticals

E-commerce

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Tretorn Sweden AB - 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)
BuyoutCompletedTretorn Sweden AB-

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