Nordic Camping & Resort and First Camp join forces
Nordic Camping & Resort and First Camp join forces – Creating the market leading operator of camping sites in the Nordics.
Nordic Camping & Resort BidCo AB (“NCR”), indirectly majority owned by Norvestor VII L.P. (“Norvestor”), has signed an agreement to acquire First Camp Sverige Holding AB (“First Camp”), an operator of 14 camping sites in Sweden and Denmark. With the transaction, a new Nordic camping site group is created, with 40 attractive destinations across Sweden and Denmark. The combined group is growing rapidly and is approaching approx. SEK 400 million in revenues, with some 700 employees and 2.5 million guest nights annually.