Originally established back in 2008, Sweden's Happy Socks has grown to include over 10,000 points of sale across over 90 countries in less than a decade, raking in around €1 million EUR (approximately $106.4 million USD) in sales over the course of 2016 alone. Its growing stature has caught the eye of Palamon Capital Partners, which has acquired a majority stake in the company for around $81.2 million USD. The acquisition will also see Palamon injecting about $4.5 million USD of additional cap...
Originally established back in 2008, Sweden's Happy Socks has grown to include over 10,000 points of sale across over 90 countries in less than a decade, raking in around €1 million EUR (approximately $106.4 million USD) in sales over the course of 2016 alone. Its growing stature has caught the eye of Palamon Capital Partners, which has acquired a majority stake in the company for around $81.2 million USD. The acquisition will also see Palamon injecting about $4.5 million USD of additional cap...
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