Pamica Group AB has acquired Delta of Sweden AB, an innovative technology company specializing in creative materials for the toy market, positioning itself for growth in the expanding sectors of education and sustainability.
Information on the Target
Delta of Sweden AB, founded in 1997, is an internationally recognized technology company headquartered in Halmstad. The company specializes in the development and manufacture of unique creative materials primarily for the toy market. Their patented materials are licensed to various global toy distributors as well as stakeholders in the education and therapy sectors.
In recent years, Delta of Sweden has demonstrated impressive growth, achieving a revenue of approximately 223 million Swedish Krona in 2021, alongside a remarkable EBITDA of around 110 million Swedish Krona.
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Industry Overview in Sweden
The Swedish toy industry is characterized by its innovation and strong emphasis on quality and safety, reflecting the high standards expected by consumers.
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Disclosed details
Revenue: $22M
EBITDA: $11M