Transaction

Smedbo sold to SEB

Transaction

Smedbo sold to SEB

Sell-side

Undisclosed

Role

Adviser to Smedbo on its sale to SEB Private Equity

Sector

Consumer

Region

Sweden

Clearwater has advised the owners of Smedbo, a leading designer of bathrooms accessories, on its sale to SEB PE, one of the largest asset managers in the Nordics.

Founded in 1967, Smedbo is a leading designer of bathroom accessories in Northern Europe. Smedbo is rooted in Scandinavian design and its objective is to develop high-end bathroom accessories and decorative hardware. Smedbo has successfully established two brands and caters to customers all over Europe and the US.

For the last half-century, continuous product development and design advancements have given Smedbo a prominent position in the segment and established the company as the design authority of Scandinavian bathroom accessories.

The current management team will continue to operate the business in partnership with SEB PE.

Smedbo bath accessories

It has been a true pleasure assisting the owners of Smedbo on an exciting and successful transaction. Smedbo has built one of the most distinguished brands in the industry and we are eager to continue following its development with SEB PE as a new majority owner. We would like to thank the Jemsten family for their confidence in us during this process to find a new home for Smedbo after being family owned for over 50 years.

Jonathan Enqvist, Associate, Clearwater

Advisers

Transactions