We have advised the founders behind the fast-growing consumer brand Aarke to bring onboard Altor as a new growth partner. Altor was hand-picked by the founders based on their impressive track-record to support entrepreneurs in general, and consumer brands in particular, to sustain high pace growth.
Aarke has over the last years, with its refined and timeless design, revolutionized the market for home carbonation. The Company has quickly established a market leading global position in the premium segment. The product has gained global popularity and together with Altor, the founding duo aims to refine the entire market for small domestic appliances. In 2020, the Company grew more than 100 percent to reach turnover of SEK 200m.
The founding duo remains significant owners post the transaction and will be operationally involved in the capacity of CEO and CPO, respectively.
“When we started searching for a partner, we wanted someone that could complement us and contribute with relevant experience for the next phase in our growth journey”, says Carl Ljungh and Jonas Groth, the founders of Aarke. “We felt that Altor was a very good match as they have partnered up with founders in similar situations before and they have a successful history in supporting fast-growing consumer companies with global expansion ambitions”.
“We are highly impressed with Aarke’s success to date with spectacular growth, design capabilities, innovation and brand values.” says Andreas Källström Säfweräng, partner at Altor
Team: Tomas Almgren, Martin Agerup, Anton Löwstedt