April 23, 2024

Hasko becomes new majority owner in Sport Design Sweden AB, a leading product company within merchandise collections for sports clubs and tourist destinations

Hasko becomes new majority owner in Sport Design Sweden AB, a leading product company within merchandise collections for sports clubs and tourist destinations

Hasko Invest becomes the new majority owner of Sport Design Sweden, which designs and produces merchandise collections for tourist destinations and elite sports clubs worldwide. Through the deal, Sport Design Sweden strengthens its ability to reach more international customers, and together with existing owners, the company's international expansion will accelerate.

Hasko Invest AB acquires a majority stake in Sport Design Sweden AB. The current management and CEO, Jonas Andersson, remain as minority shareholders and will continue to lead the company after the transaction, together with founders Niclaes Wijk and Johan Skogh.

Since its inception in 2008, Sport Design Sweden has built up a customer base of over 700 corporate clients, with a significant majority of the turnover coming from outside the Nordic countries. Among its clients are some of the world's leading ski resorts, as well as teams from the world's best leagues such as the Premier League, Bundesliga, La Liga, MLS, NHL, and NBA. The company has become known for its focus on high quality, affordability, creative design, and high customer satisfaction, as the collections are always developed in close collaboration with the clients. Last fiscal year's turnover reached over 210 MSEK, with an average annual growth of 20 percent for the past fifteen years with healthy margins.

Comment from Niclaes Wijk, founder and principal owner of Sport Design Sweden:

After a fantastic 15-year journey, it is time for the next chapter for Sport Design Sweden. I am incredibly proud of what we have accomplished, and this shows what a group of passionate and committed employees can do together. This has been a team effort with many wonderful milestones to look back on. Now, it will be exciting to continue to grow and reach new goals together with Hasko Invest. Hasko Invest, with its long ownership horizon, feels like the right partner for us to continue growing with control and profitability.

Comment from Joakim Tengzelius, CEO of Hasko Invest:

We have followed Sport Design Sweden for many years and are impressed by the market position and strong customer relationships that Niclaes, Johan, and Jonas, along with the rest of the organization, have built up. The corporate culture that all employees contribute to is not something we see in every company and is a strong contributing factor to the strong financial development Sport Design Sweden has shown. We are proud to have joined as ownership partners and look forward to supporting the management with continued expansion in the US and Europe, along with existing and new partners and customers.

About Sport Design Sweden

Sport Design Sweden designs and produces merchandise collections for tourist destinations and elite sports clubs worldwide. The company has about 40 employees with headquarters in Stockholm and an office in Denver, USA.

Visit www.sportdesignsweden.se for more information.

About Hasko Invest

Hasko Invest was founded in 2021 and makes investments in ambitious, growing, and profitable product and service companies in Sweden with sustainable competitive advantages. Hasko focuses on selective and genuine partnerships, a perpetual ownership perspective, and being engaged owners. The company is based in Stockholm.

For more information, visit www.hasko.com.

Kontaktuppgifter:

Jonas Andersson, CEO Sport Design Sweden AB, +46 70 559 20 00

Niclaes Wijk, Grundare and principal owner Sport Design Sweden AB, +46 70 898 93 45

Joakim Tengzelius, CEO Hasko Invest AB, +46 70 334 00 06

Carlos Lorente, CIO Hasko Invest AB, +46 70 352 27 74

Contact details: