Granngården

EQT Opportunity acquired Granngården, a nationwide Swedish retailer offering products centered around gardening, animals and nature, from Lantmännen in 2008.

During EQT's ownership, Granngården has through significant investments in the store network, IT-system and marketing undergone a transformative journey into a modern, integrated and profitable retail chain.

EQT Opportunity sold Granngården to Felleskjøpet in 2016.

Key events during EQT's ownership

  • Significant profitability improvement, from -4% EBITDA-margin in 2007 to 4% at exit
  • Implementation of new brand platform and retail excellence practices
  • Investments in retail store network, IT and e-commerce platform
  • Expansion of private label offering and launch of new service offering