Litorina IV has entered into an agreement to divest its majority investment in Eton, a leader in the global market for premium men's shirts.

Eton, headquartered in Gånghester outside Borås, Sweden, was founded in 1928 by the Davidson family. The company has stayed true to its focus on men's shirts throughout its history, branching out only into directly linked accessories. Over the years, Eton has expanded internationally and this year the company will deliver one million shirts to customers across 43 countries with USA being the single largest market.

Litorina IV invested in Eton in 2012.

SPEAS has made an investment commitment of SEK 46m to the private equity fund Litorina IV.

View the press release from Litorina here

Scandinavian Private Equity A/S issued this content on 2015-12-22 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2015-12-22 19:08:13 UTC

Original Document: http://www.speas.dk/default.asp?id=199&xml=201512-1975676