The kitchen remodeling industry in the Nordics focuses on transforming kitchens into functional and aesthetically pleasing spaces. It includes a variety of companies, from manufacturers of modern kitchen appliances to custom cabinetry suppliers and contractor services. In recent years, there's been a rising interest in sustainable materials and tech-integrated solutions, reflecting broader lifestyle trends. Nordic consumers increasingly seek personalized experiences and energy-efficient designs. This trend is further driven by the growing DIY culture and online purchasing platforms, making it an exciting sector ripe for innovation and investment.

The list features various investor types such as corporate firms, private equity groups, and venture capitalists, based mainly in Stockholm and Oslo. Founded from 1866 to 2016, these investors range from large corporations to smaller players, with investments ranging from zero to over 30 deals in 2024. Their sizes vary from small firms with 11-50 employees to larger establishments employing over 10,000, showcasing a mix of maturity and capacity in navigating the kitchen remodeling market. This combination indicates a robust engagement in an industry poised for growth.

Top 16 Kitchen Remodeling Investors in the Nordics

1. Nobia

• Website: nobia.com
• Type: Corporate
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 1996
• Headcount: 1001-5000
• LinkedIn: nobia-ab

Nobia AB is a corporate investor based in Stockholm, Sweden, founded in 1996. The company is a leading kitchen furniture manufacturer that specializes in custom built-in kitchens and related products, catering to both consumers and businesses. Nobia provides comprehensive kitchen design and installation services, leveraging a strong brand portfolio to deliver high-quality kitchen solutions across several European countries. Notably, Nobia has made significant acquisitions to strengthen its market position, including the acquisition of Magnet Ltd, a company specializing in kitchen and bathroom solutions, for 1.2 billion SEK in 2001. Additionally, Nobia acquired Novart Oy in 1997 and ewe Küchen Gesellschaft m.b.H. in 2005, both of which further solidified its presence in the kitchen market. In 2015, Nobia acquired two UK kitchen companies, Commodore and CIE, for a total of GBP 28 million, aiming to enhance its earnings and operating margins in the UK kitchen market. These transactions underscore Nobia's active engagement in the kitchen remodeling industry.

2. Bravida

• Website: bravida.se
• Type: Corporate
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 2000
• Headcount: 10001+
• LinkedIn: bravida

Bravida is a technical service provider based in Stockholm, Sweden, specializing in the installation and maintenance of essential systems including electrical, heating, sanitation, ventilation, and security systems. Founded in 2000, Bravida operates across multiple locations in the Nordic region and employs over 10,000 people. In recent years, Bravida has made strategic acquisitions to enhance its service portfolio. Notably, in April 2022, Bravida acquired HNA Storköksservice AB, a company focused on commercial kitchen services, which generates an annual turnover of approximately SEK 103 million. This acquisition aligns with Bravida's strategy to strengthen its market position in the kitchen services sector, making it a relevant player in the kitchen remodeling industry. Additionally, Bravida has acquired other companies in related fields, such as plumbing and heating, further solidifying its expertise in areas that intersect with kitchen remodeling.

3. FSN Capital Partners

• Website: fsncapital.com
• Type: Private Equity
• Headquarters: Oslo, Oslo, Norway
• Founded year: 1999
• Headcount: 51-200
• LinkedIn: fsn-capital

FSN Capital Partners is a private equity investment firm based in Oslo, Norway, founded in 1999. The firm specializes in managing investments across various sectors, including services, green transition, industrials, and technology. FSN Capital partners with companies to drive growth and transformation, primarily catering to institutional investors and pension funds seeking sustainable returns. Notably, FSN Capital has been involved in several transactions relevant to the kitchen remodeling industry, such as the acquisition of Fibo-Trespo and Respatex International, both of which are manufacturers of panels used in kitchen applications. These acquisitions highlight FSN Capital's strategic interest in companies that contribute to the kitchen remodeling market, further solidifying their position as a relevant investor in this space.

4. CapMan

• Website: capman.com
• Type: Private Equity
• Headquarters: Helsinki, Uusimaa, Finland
• Founded year: 1989
• Headcount: 51-200
• Number of deals in 2024: 4
• LinkedIn: capman

CapMan Oyj is a private equity investment management firm based in Helsinki, Finland, founded in 1989. The firm specializes in a diverse range of investment strategies, including private equity, real estate, infrastructure, and natural capital investments, primarily serving institutional investors. CapMan has a strong presence in the Nordic markets and is known for its expertise in managing funds and driving value creation. Notably, CapMan has made significant investments in companies relevant to the remodeling industry, such as KotiSun Group, which specializes in renovations of service water, heating, and drainage systems, and Lämpölux, which focuses on window and door renovation solutions. These transactions highlight CapMan's engagement in sectors that intersect with kitchen remodeling, showcasing its potential relevance in this market.

5. Kesko - K-Group

• Website: kesko.fi
• Type: Corporate
• Headquarters: Helsinki, Uusimaa, Finland
• Founded year: 1940
• Headcount: 10001+
• Number of deals in 2024: 1
• LinkedIn: kesko

Kesko - K-Group, founded in 1940 and based in Helsinki, Uusimaa, Finland, is a major retail company operating across various sectors, including grocery, construction, and automotive. With a workforce of over 10,000 employees, Kesko has established a strong market presence in Finland and other countries, ensuring the availability of essential goods. In recent years, Kesko has made several strategic acquisitions to enhance its position in the construction and home improvement markets. Notably, they acquired Carlsen Fritzøe Handel AS, a building and home improvement trade company in Norway, for approximately €144 million, which included 25 stores and a distribution center. This acquisition is part of Kesko's strategy to strengthen its market position in the Oslo fjord region. Additionally, their acquisition of Fresks Group, a leading Swedish building material chain, further emphasizes their commitment to the construction sector. These transactions highlight Kesko's active involvement in the home improvement industry, making them a relevant investor in the kitchen remodeling space.

6. Inwido

• Website: inwido.com
• Type: Corporate
• Headquarters: Sweden
• Founded year: 2000
• Headcount: 1001-5000
• LinkedIn: inwido-sverige

Inwido is a corporate investor based in Sweden, founded in 2000, and operates within the manufacturing sector, specializing in customized window and door solutions. The company serves both consumers and businesses in the construction and renovation sectors, with a strong emphasis on energy efficiency and sustainability. Inwido has made several strategic acquisitions to enhance its market position, including the acquisition of Westcoast Windows, which specializes in high-performance composite windows, and the Sidey Group, the largest window and door company in Scotland. These transactions not only expand Inwido's product offerings but also strengthen its presence in the renovation market, which includes kitchen remodeling. Other notable acquisitions include CWG Choices and Dekko Window Systems, both of which further enhance Inwido's capabilities in the window and door market, making them a significant player in the broader renovation industry.

7. Almi

• Website: almi.se
• Type: Venture Capital
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 1994
• Headcount: 201-500
• Number of deals in 2024: 7
• LinkedIn: almi-ab

Almi AB is a financial services company based in Stockholm, Sweden, founded in 1994. It specializes in providing loans, risk capital, and business development support to small and medium-sized enterprises (SMEs) in Sweden. Almi aims to enhance the growth and competitiveness of these businesses through tailored financial solutions and guidance. Among its notable transactions, Almi invested in Done, a vetted home repair job marketplace, which raised €628,900 in funding. This investment highlights Almi's engagement in the home improvement sector, which encompasses kitchen remodeling. Additionally, Almi has participated in various seed and venture rounds for companies like Resize Design and IsoTimber, although these do not directly relate to kitchen remodeling. Overall, Almi's investment in Done positions it as a potential player in the kitchen remodeling space.

8. EQT Group

• Website: eqtgroup.com
• Type: Private Equity
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 1994
• Headcount: 1001-5000
• Number of deals in 2024: 30
• LinkedIn: eqt-partners

EQT Group is a prominent investment firm based in Stockholm, Sweden, specializing in private equity, infrastructure, real estate, growth equity, and venture capital. Founded in 1994, EQT serves institutional investors by managing diverse investment portfolios across multiple sectors and geographies. Notably, EQT has made significant acquisitions that relate to the kitchen remodeling industry, such as HusCompagniet, which focuses on home construction, and Sanitec, a manufacturer of bathroom and kitchen products. These transactions highlight EQT's engagement in sectors that are closely tied to home improvement and remodeling, making them a relevant player in the kitchen remodeling market.

9. Bygghemma

• Website: bygghemma.se
• Type: Corporate
• Headquarters: Sweden
• Founded year: 2006
• Headcount: 201-500
• LinkedIn: bygghemma

Bygghemma Sverige AB is an e-commerce retailer based in Sweden, specializing in construction, home improvement, and gardening products. Founded in 2006, the company operates an online store that caters primarily to consumers engaged in DIY projects and home renovations. Bygghemma has been active in the market through several strategic acquisitions aimed at enhancing its product offerings and market position. Notably, they acquired Golvpoolen, a leading Nordic online retailer focused on flooring and bathroom products, which are essential elements in kitchen remodeling. Additionally, their acquisition of Vitvaruexperten, which likely includes kitchen appliances, further emphasizes their commitment to the kitchen and home improvement sectors. These transactions highlight Bygghemma's role as a significant player in the home renovation market, particularly in areas relevant to kitchen remodeling.

10. Procuritas

• Website: procuritas.com
• Type: Private Equity
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 1986
• Headcount: 11-50
• LinkedIn: procuritas-ab

Procuritas is a private equity investment firm based in Stockholm, Sweden, founded in 1986. The firm specializes in private equity and growth capital investments, partnering with entrepreneurs and business owners to provide capital and strategic guidance aimed at achieving market leadership. Their portfolio includes a diverse range of industries, reflecting a commitment to fostering long-term growth. Notably, Procuritas has made significant acquisitions in the interior products market, such as Zone Company Denmark A/S, which focuses on interior design products, and Scandinavian Designs, which may also relate to home furnishings. These transactions suggest a potential alignment with the kitchen remodeling industry, as they indicate an interest in sectors that enhance home aesthetics and functionality.

11. Kinnevik

• Website: kinnevik.com
• Type: Venture Capital
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 1936
• Headcount: 11-50
• Number of deals in 2024: 10
• LinkedIn: investment-ab-kinnevik

Kinnevik is an investment company based in Stockholm, Sweden, founded in 1936. They partner with innovative entrepreneurs across various sectors, including healthcare, software, marketplaces, and climate tech. Kinnevik provides capital and operational support to help these companies scale and create long-term value. Notably, Kinnevik has invested in WestWing, a Munich-based e-commerce company specializing in home and living products, which raised significant funding rounds with Kinnevik's participation. This includes a €30M venture capital funding round in 2015 and a €25M funding round in 2015, aimed at enhancing growth in the home & living market. Additionally, Kinnevik was involved in Home24, which raised over $22 million in 2016, further emphasizing their interest in the home furnishings sector. These transactions highlight Kinnevik's commitment to the home and living space, making them a relevant player in the kitchen remodeling context.

12. Ratos

• Website: ratos.se
• Type: Private Equity
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 1866
• Headcount: 11-50
• LinkedIn: ratos

Ratos is a private equity investment company based in Stockholm, Sweden, founded in 1866. The firm operates across various sectors, including construction, manufacturing, and consumer goods, with a strong emphasis on sustainability and efficiency. Ratos aims to create value for its shareholders while addressing the needs of its diverse customer base. Notably, Ratos acquired Hafa Bathroom Group in 2001, a company that specializes in bathroom products, which directly relates to kitchen remodeling. Additionally, they acquired Inwido in 2004, a company involved in window and door manufacturing, which can also intersect with kitchen remodeling projects. Their investment strategy reflects a commitment to sectors that can enhance home improvement and renovation, making them a relevant player in the kitchen remodeling space.

13. Lindab Group

• Website: lindab.com
• Type: Corporate
• Headquarters: Grevie, Skåne, Sweden
• Founded year: 1959
• Headcount: 1001-5000
• Number of deals in 2024: 6
• LinkedIn: lindab

Lindab Group is a corporate investor based in Grevie, Skåne, Sweden, founded in 1959. The company specializes in ventilation systems and building products, offering a wide range of solutions aimed at improving energy efficiency and creating healthy indoor climates for both residential and commercial properties. Their customer base includes construction companies and contractors who rely on their products for various building projects. In recent years, Lindab has made several strategic acquisitions to enhance its market position, including the acquisition of Muncholm A/S, a wholesaler for tinsmiths in Denmark, which complements their existing product range and provides direct access to professionals involved in kitchen and building renovations. Additionally, their acquisition of R-Vent, a leading manufacturer of ventilation products in the Netherlands, further strengthens their portfolio in the HVAC sector, which is crucial for modern kitchen designs. These transactions highlight Lindab's commitment to expanding its influence in the building products market, making them a relevant player in the kitchen remodeling industry.

14. Beijer Ref

• Website: beijerref.com
• Type: Corporate
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 1866
• Headcount: 5001-10000
• Number of deals in 2024: 6
• LinkedIn: beijerref

Beijer Ref AB, founded in 1866 and based in Stockholm, Sweden, is a leading wholesaler and manufacturer specializing in refrigeration and HVAC solutions. The company provides a wide range of products, including refrigeration systems, air conditioning solutions, and heat pumps, primarily serving installers and businesses in the food retail and commercial sectors. With a strong focus on environmentally friendly technologies, Beijer Ref operates through a vast network of subsidiaries and branches across multiple regions. In recent years, Beijer Ref has made significant acquisitions to enhance its market presence, including the acquisition of HVAC Consolidated and Australian Airconditioning Distributors in 2022, which bolster their capabilities in air conditioning—an essential aspect of kitchen remodeling. Additionally, their acquisition of Webb Supply in Ohio in 2023 further strengthens their foothold in the U.S. market, allowing them to cater to the growing demand for HVAC solutions in kitchen renovations. These strategic moves highlight Beijer Ref's commitment to expanding its offerings in the HVAC sector, which is crucial for modern kitchen environments.

15. Electrolux Group

• Website: electroluxgroup.com
• Type: Corporate
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 1919
• Headcount: 10001+
• Number of deals in 2024: 1
• LinkedIn: electrolux

Electrolux Group, founded in 1919 and based in Stockholm, Sweden, is a corporate investor and a leading manufacturer of home appliances, including major kitchen appliances and vacuum cleaners. The company is dedicated to providing innovative and sustainable solutions that enhance everyday living. In recent years, Electrolux has made strategic acquisitions to bolster its position in the kitchen appliance market. Notably, in May 2024, Electrolux Professional acquired Adventys, a French manufacturer of induction cooking equipment, for approximately €22 million. This acquisition aims to enhance Electrolux's capabilities in supporting larger-scale projects and expanding its product range in the induction cooking market, which is highly relevant for kitchen remodeling. Additionally, Electrolux's acquisition of Zanussi in 1994 further solidified its presence in the white goods industry, which includes essential kitchen appliances. These transactions reflect Electrolux's commitment to innovation and quality in the kitchen sector, making them a significant player in the kitchen remodeling industry.

16. Halton Group

• Website: halton.com
• Type: Corporate
• Headquarters: Helsinki, Uusimaa, Finland
• Founded year: 1969
• Headcount: 1001-5000
• LinkedIn: halton-group

Halton Group is a corporate investor based in Helsinki, Uusimaa, Finland, specializing in indoor air quality solutions across various industries, including food service and healthcare. Founded in 1969, the company has a significant presence in the market, with a workforce of 1001-5000 employees. Halton Group has made strategic acquisitions to enhance its service offerings in the kitchen sector. Notably, in 2019, they acquired MIWO Luchtbehandelingstechniek B.V., a company that specializes in indoor air solutions for professional kitchens, which allows them to expand their capabilities in kitchen environments. In 2021, they further strengthened their position by acquiring Nelbud Services Group, a firm focused on fire protection and kitchen exhaust cleaning, thereby enhancing their market presence in the United States. These transactions highlight Halton Group's commitment to improving kitchen safety and functionality, aligning them with the kitchen remodeling industry.

Kitchen Remodeling Insights: Key Investors in the Nordics

Investor	Headquarter	Size	Founded	Deals 2024
Nobia	Stockholm, Stockholm, Sweden	1001-5000	1996	0
Bravida	Stockholm, Stockholm, Sweden	10001+	2000	0
FSN Capital Partners	Oslo, Oslo, Norway	51-200	1999	0
CapMan	Helsinki, Uusimaa, Finland	51-200	1989	4
Kesko - K-Group	Helsinki, Uusimaa, Finland	10001+	1940	1
Inwido	Sweden	1001-5000	2000	0
Almi	Stockholm, Stockholm, Sweden	201-500	1994	7
EQT Group	Stockholm, Stockholm, Sweden	1001-5000	1994	30
Bygghemma	Sweden	201-500	2006	0
Procuritas	Stockholm, Stockholm, Sweden	11-50	1986	0
Kinnevik	Stockholm, Stockholm, Sweden	11-50	1936	10
Ratos	Stockholm, Stockholm, Sweden	11-50	1866	0
Lindab Group	Grevie, Skåne, Sweden	1001-5000	1959	6
Beijer Ref	Stockholm, Stockholm, Sweden	5001-10000	1866	6
Electrolux Group	Stockholm, Stockholm, Sweden	10001+	1919	1
Halton Group	Helsinki, Uusimaa, Finland	1001-5000	1969	0

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