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Gardena

Status
Realised
Country
Germany
Strategy
Mid Cap
Sector
Consumer
Entry
May-02
Exit
Mar-07
Fund
IK 2000

Leading European supplier of gardening equipment

Gardena manufactures garden irrigation equipment, garden care products as well as water pumps and pond products. Customers include DIY stores, garden centres, large general retailers and ironmongers. Gardena’s products are available through a distribution network in over 85 countries.

The IK 2000 Fund acquired Gardena in May 2002 from private owners. In March 2007 Gardena was sold to Husqvarna Group, the world’s largest producer of outdoor power products. Husqvarna Group is headquartered in Stockholm and the share is listed on the NASDAQ OMX Stockholm Exchange.

Our Value Creation Strategy

During our ownership, we worked alongside the management team to:

  • Become category manager for key distribution channels;
  • Expand portfolio with strong and complementary brands; and
  • Achieve operational performance improvements.