Altor sells 4% of shares in Dustin to institutional investors


Oct 16 2015

Altor Fund II (”Altor”) has today sold 3,000,000 shares, representing 4% of the share capital and votes, in Dustin Group AB (”Dustin”) to a limited number of institutional investors.

Following this transaction and the sale of shares yesterday to Axel Johnson AB, Altor owns 15,254,878 shares in Dustin (20% of the share capital and votes) and remains as a significant shareholder in the company.

“The successful development of Dustin is a result of a strong partnership between Altor, the management, the founders and the Board of Directors of Dustin. Altor believes that the company is well-positioned for long-term success and looks forward to remaining a significant owner together with Dustin’s high quality shareholders, says Stefan Linder, Partner at Altor Equity Partners and Board Member of Dustin.”

In 2006, Altor acquired a majority ownership in Dustin, founded by the Lundevall family in 1984. In February 2015, Dustin was listed on Nasdaq Stockholm and the company today has close to 6,500 shareholders.

Press contact

Tor Krusell

Head of Communications

+46 705 43 87 47



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