The acquisition of Duka Poland and the Duka trademark by the family-owned trading house Bergendahls was finalised yesterday. Bergendahls strengthens its position on one of the most dynamic markets in Europe. Besides the 24 stores now acquired the group already operates 10 Glitter stores in the country.
Bergendahl Home Deco acquired Granit from CG Duka Retail AB in February. The background for now taking a further step by also acquiring the profitable Duka Poland, as well as the Duka trademark rights globally, excluding the Swedish retail business, is the ambition to become a leading player within home interior design.
Keystone Advisers acted as advisor to the seller CG Duka Retail AB in the transaction.
Keystone Advisers is a fully independent Corporate Finance firm offering advice related to mergers and acquisitions (M&A), divestitures, as well as various financing arrangements. The firm has advised on approximately 140 transactions to a variety of different clients in a number of sectors since the inception in 2000. Keystone Advisers is a Partner owned firm and where the founders have experience from Investment Banking and Management Consulting from some of the largest global institutions. We are a team of 12 Corporate Finance professionals at the Stockholm office and in addition we have an own organization in the Baltic countries. Keystone Advisers aims to be the leading mid-market M&A advisory firm in the Swedish market.