THE YEAR IN BRIEF
» Mellby Gård’s total revenue amounted to SEK 6 billion (SEK 12 billion including participations in associated companies). Profit, EBITDA, amounted to SEK 1.5 billion.
» Subsidiary Cale joined forces with Parkeon of France, forming the new Flowbird Group with a 70 percent global market share for parking terminals. Following the transaction, Mellby Gård’s holding in Flowbird is approximately 23 percent. Mellby Gård’s representative on the Board of Directors is Johan Andersson.
» During the year Mellby Gård increased its holding in KappAhl by another 9 percent. Mellby Gård thus owns just under 30 percent in KappAhl.
» In September 2017, Mellby Gård increased its ownership in listed AcadeMedia to 21 percent when EQT divested its holding. This made Mellby Gård the largest individual owner in AcadeMedia, and Anders Bülow has since stepped in as Chairman.
» In June 2018, ready-to-wear menswear company Oscar Jacobson was acquired, with Mellby Gård’s Deputy MD Thomas Gustafsson stepping in as Chairman.
» Just before the financial year began, Flash AB, wholly owned since 2003, was merged with Dea Axelssons to form Lund Fashion, a company in which Mellby Gård has the opportunity to manage several women’s clothing concepts. Flash has 75 shops in Sweden and three stores in Denmark, while Dea Axelssons has 25 shops in Sweden.