3i Group expands its investment in A-Z Gartenhaus GmbH, the leading online retailer for large garden and house products. As part of the transaction, A-Z Gartenhaus GmbH acquired the Swedish garden house manufacturer Polhus AB.
Polhus AB, headquartered in Malmö, was founded in 2001 and is a eCommerce specialist for garden houses, saunas and many other garden and house-related products in the mid-to-upper price segment.
3i Group is an investment company that focuses on investments in the core markets of Northern Europe and North America. 3i’s private equity team offers investment solutions for companies that are in a growth phase and supports founders and management teams of medium-sized companies with an enterprise value of between EUR 100 and 500 million.
taxess advised 3i on tax and structural matters on the acquisition of Polhus AB.