Borenius advised Sentica on the acquisition of 3 Friends
References/9 Jul 2021
Borenius advised Sentica on the acquisition of 3 Friends
We advised Sentica on its investment in 3 Friends (or Kolme Kaveria), a leading Nordic super premium ice cream manufacturer that uses natural ingredients.
In less than ten years, 3 Friends has greatly expanded its business and now sells its ice cream tubs and sticks in over 5,000 stores in Sweden and Finland with over EUR 10 million in revenue.
Partnering up with Sentica is a key strategic step in the company’s growth plan that follows significant investments 3 Friends has made in recent years to strengthen its organisation, expand its production capacity and introduce new product categories.