SVP commits €200m to Bjelin Group for sustainable flooring growth

Strategic Value Partners announced a €200m preferred equity investment in Bjelin Group to accelerate its growth and global expansion.

The funding will support the acquisition of sustainable flooring technology Woodura and veneer production assets, positioning Bjelin Group as a leader in innovative flooring solutions.

The Pervan family, which owns 97% of Bjelin Group, will integrate Välinge’s industrial business into Bjelin Industries, creating synergies between the two entities. Välinge Group, known for its Woodura surface technology, also operates a licensing business for flooring and furniture applications, with production facilities in Sweden and Croatia.

The deal is expected to close by the first quarter of 2025, pending regulatory approvals. Välinge Innovation has plans for a future public listing, with Woodura’s high growth potential expected to boost licensing revenues.

SVP’s investment highlights the growing focus on sustainable building materials and innovative manufacturing. Citi and Nordea acted as placement agents for the transaction, with SVP and Bjelin Group receiving legal counsel from top law firms.

This partnership positions Bjelin Group to capitalise on rising demand for sustainable flooring solutions, while Välinge Innovation’s public listing ambitions signal continued growth opportunities in the sector.

Source: The Phoenix Newspaper

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