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Kid Interiør

Status
Realised
Country
Norway
Strategy
Mid Cap
Sector
Consumer
Entry
Jul-05
Exit
Aug-09
Fund
IK 2004
Website

Leading home textile retailer

Kid Interiør was established by Jul Andrew Gundersen in 1937 as JAG shoe factory.  The first shop was opened in Drammen in 1953 and was called “Fabrikkutsalget” (Factory Outlet). The company changed its name to Kid Interiør in 1994, and further introduced the trade name Kid for selected products.

Today Kid is a leading home textile retailer with stores across Norway, and headquarters in Drammen.

The IK 2004 Fund acquired a 75% stake from the Gundersen family owners in July 2005, before exiting the investment in August 2009.

Our Value Creation Strategy

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

  • Further build on Kid’s position as the leading Norwegian home textile retailer; and
  • Expand the business further, both domestically and abroad