Candyking gets a new owner
Dani Evanoff, CEO at Nordic pick & mix supplier Candyking, is to take over ownership of the company from investment fund Accent Equity.
Evanoff started the company Godisprinsen, which was acquired by Candyking in 2008. He was thereafter part of the group management team for several years. He then created his own concepts within the fast moving consumer goods market and assumed the role of CEO for Candyking in the summer of 2016.
“It is with the greatest respect and due modesty that I now will take over the responsibility to building Candyking into a company of excellence together with my team,” said Evanoff. “The company shall become a leading player within fast moving consumer goods.”
Jan Ohlsson, chairman of Candyking’s board, added, “Dani Evanoff has what it takes to take Candyking to the next level in a tough competitive market.”
The transaction is conditional on approval under Candyking’s bond loan, which is expected in the end of January 2017. Until then, discussions regarding the company’s long-term financing will continue with Candyking’s bondholders.
Candyking operates more than 8,000 retail outlets and offers stores a turnkey concept that includes products, displays and accompanying store and logistic services.