Fenix makes Korean investment

Monday, 1 May 2017 0:00

Rosker owner Fenix Outdoor International has taken a 75 per cent stake in its South Korean distributor, Alpen International.

The deal has been structured through a new share issue in Alpen which is both a distributor and retailer, mainly of Fjällräven products.

The new issue of shares is planned to be made during the second quarter of this year. The takeover will not have any material impact on the net results of Fenix Outdoor Group, said the firm. 

By Ronnie Dungan

Latest issue - OCC August 2017

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