Security guard by a fence at dusk

Kwintet

Status

Realised

Country

Sweden

Strategy

Mid Cap

Sector

Industrials

Entry

Dec-05

Exit

Apr-15

Fund

IK 2000

News

Industri Kapital acquires Kwintet from Axcel

Leading workwear producer

At the time of exit, Kwintet was the European market leader in the production of top-to-toe work wear with a range of strong brands and a reputation for quality amongst its customers throughout Europe. The Kwintet group supplied high-quality professional wear for a variety of uses and industries across Europe, owning a range of strong brands including Kansas, Fristads, Wenaas and Hejco.

Kwintet was headquartered in Malmö, Sweden.

The IK 2000 Fund completed acquisition in December 2005, and subsequently exited in April 2015.

Our Value Creation Strategy

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

  • Improve sourcing and logistics operations;
  • Enhance product offering through increased focus on corporate and profile wear; and
  • Further consolidate the European work wear market.