All Altor articles
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News briefsXXL to conduct an underwritten rights issue to secure €60 million
The company says that the issue is fully secured and that it has also agreed with lenders to extend its loan facilities.
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News briefsAltor acquires majority stake in CCM Hockey
Altor invests in the iconic Canadian hockey equipment brand to support growth and to expand it into new markets and product segments.
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ArticleAltor buys Renewcell and starts Circulose
Swedish textile recycling company Renewcell, founded by innovators from Stockholm’s KTH Royal Institute of Technology in 2012, has been looking for a new owner to safeguard and advance its patented process to produce Circulose pulp from 100 percent textile waste ever since it filed for bankruptcy in February 2024. The ...
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News briefsXXL completes €43 million share issue amid growth expectations
Norwegian sports retailer XXL has completed a targeted new share issue of 500 million Norwegian kronor (€43 million), according to a press release. The subscription price was set at 0.70 Norwegian kronor (€0.06), which aligns with the latest closing price. Among the buyers are venture capital firms Altor, Ferd, and ...
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News briefsFrasers Group acquires greater stake in XXL
XXL’s share price rose significantly on the Oslo Stock Exchange after Britain’s Frasers Group acquired 117 million shares in the troubled Norwegian sporting goods chain on Tuesday, now owning 162 million shares, which – according to E24 – equals 9.75 percent of the total shares and 12.16 percent of the ...
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News briefsNew share issue to help XXL
According to ehandel.se and as mentioned by SGI Europe earlier, Norwegian sporting goods chain XXL is looking to fill its coffers with 500 million Norwegian kroner (€43.2m) through a fully guaranteed new share issue after losses of nearly NOK 600 million (€51.9m) this year. Accordingly, the company is proposing a ...
