Clearwater International advises Nordiq on its sale to Findos Investor
Clearwater International has advised the shareholders of Nordiq, market-leading one-stop-shop of decorative and non-flower products, on the majority sale to German private equity firm, Findos Investor.
Nordiq is a leading supplier of decorative and non-flower products to the floral and gift industry in Scandinavia, known for its digital-driven business model, offering a wide assortment that fulfils customers' needs on a daily basis as a one-stop-shop. Nordiq has more than 40 employees across locations in Denmark, Norway, and Sweden.
Findos Investor is an independent mid-market private equity fund, backed exclusively by prestigious German family-owned companies as investors. The company has a strong track record of investing in Danish companies and will become the majority owner of Nordiq.
The previous owner’s Peter Larsen, CEO, and Dennis Nielsen, CCO, will continue to own a significant share in Nordiq. Together, both parties will continue to build on Nordiq’s strong position in Scandinavia and explore further internationalisation.