FSN Capital VI is to invest in OptiGroup and Hygas to create a major player in the business-to-business (B2B) distribution market. Existing shareholders and the management team will retain minority stakes in the combined group.
The investment in OptiGroup and Hygas, which will have combined revenues of around EUR1.3 billion and EBITDA in excess of EUR100 million, is in line with FSN Capital’s approach to transform companies and make them more international, sustainable and competitive.
Headquartered in Mölndal, Sweden, OptiGroup is a leading Northern European B2B distributor with a broad product offering in Facility, Safety & Foodservice, Packaging Solutions, and Business Supplies. OptiGroup has been owned by Altor Fund II and Triton Fund II since 2008, and together with RoosGruppen AB since 2017. Hygas is a leading Benelux B2B distributor within Facility, Safety & Hygiene, Medical and Packaging Solutions, located in the Netherlands. Hygas is a privately owned company. Both companies have demonstrated strong growth, and executed numerous successful add-on acquisitions.
