Storskogen has acquired 100 percent of the shares in Cutrin Norge Gruppen AS (“Cutrin Norge”). The company distributes professional hair care products and is an exclusive Norwegian distributor of brands such as Cutrin, Moroccanoil, REF, Paul Mitchell and Special 1. Cutrin Norge reported a turnover of NOK 192 million and EBITA of NOK 27 million for the financial year 2021. With its powerful range of brands and strong network of customers, Cutrin Norge is a significant addition to Storskogen’s vertical Health and Beauty.
Target – Cutrin Norge Gruppen AS
Buyer – Storskogen Group AB (publ)
Seller – Shareholders