listérus & partners Capital Advisors acquired the Dutch retail chain Kijkshop B.V. during the first quarter of 2015. During 2016, the asset was internally transferred to LPCA Fund I.

Kijkshop is operating in a rapidly changing market and is undergoing a turnaround and digital transformation process. The work with the change has required significant efforts from the owner’s side – both on an operational level and financially – and will still require a dedicated engagement during the foreseeable future.

In order to enable for new investments in the fund and release management capacity for the development of the future portfolio, 100% of the shares held in Kijkshop and its sister companies Kijk IP BV, Kijk UP BV and TONE BV were divested to the Swedish investment company SparkistanStClemens AB during September 2017.

The Board of the fund made the assessment that SparkistanStClemens has all the required resources at its disposal to successfully manage and further develop the investment in Kijkshop.

In conjunction with the divestiture, Björn Serving resigned from his engagement for listérus & partners Capital Advisors and as an investment manager at LPCA Fund I. He is now engaged by SparkistanStClemens in their subsidiaries.

For any enquiries, please contact Christian Listérus, christian@listerus-capital.com, Tel: +46-8-5090 6660.