Flying Tiger Copenhagen has successfully restructured its ownership and capital, injecting DKK 1.4 billion to facilitate expansion and repay legacy debts, while reporting record growth in 2024.
Information on the Target
Flying Tiger Copenhagen, a prominent Danish retail chain, has reported outstanding financial results for 2024, marking a post-pandemic record. The company's revenue reached DKK 5.2 billion, with EBITDA achieving the highest level in its 30-year history. The significant growth can be attributed to increased sales both online and in physical stores, resulting in an overall revenue growth of over five percent across 38 international markets.
The retailer has demonstrated its commitment to global expansion by opening its 1,000th store and entering new markets including Australia, Vietnam, Turkey, and Bahrain through strategic partnerships with franchisees. This expansion reflects the company's ambition to broaden its global presence and adapt to evolving consumer demands.
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Industry Overview in Denmark
The retail industry in Denmark has been experiencing a notable recovery post-COVID-19, with consumer confidence gradually returning. The overall market has been characterized by increasing demand for unique and affordable products, alig
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Martin Jermiin and Christian Kofoed Hertz Jakobsen
invested in
Flying Tiger Copenhagen
in 2024
in a Management Buyout / Buy-In (MBO) deal
Disclosed details
Transaction Size: $140M
Revenue: $740M