Stek advised Storskogen and its portfolio company Båstadgruppen on the acquisition of Hawedo, an established supplier of personal protective equipment in the Benelux.
Storskogen is an international group of businesses across trade, industry and services. With a long-term ownership horizon, Storskogen acquires and develops leading small and medium-sized businesses in selected industries. The company has approximately 10,000 employees and generates net sales of SEK 33 billion. Storskogen is listed on Nasdaq Stockholm.
Båstadgruppen is one of the leading Scandinavian suppliers of personal protective equipment and a long-standing partner of Hawedo. The acquisition broadens Båstadgruppen’s product range and strengthens its export platform on the European mainland with local market knowledge, procurement expertise and long-standing customer relationships.
Hawedo is based in Dongen and has a history spanning 80 years. The company supplies work gloves, safety footwear, workwear and other safety products under its own Proway brand and third-party brands.
The Stek team consisted of Elias Ram, Michelle de Vries and Koen Nugteren.
See press release here.
