Warehouse and logistics

Deal value

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Advised IC Group in the sale of IC Logistics to Scan Global Logistics

IC Logistics provides distribution services for a portfolio of premium fashion brands including Tiger of Sweden, By Malene Birger and Peak Performance. IC Logistics primarily serves the Nordics with c. 72% of the outbound volume covering wholesale, retail stores and online customers with a full range of value-added services including quality assurance, inspection, tagging and returns flow

SGL E-commerce, part of the Danish freight forwarding and logistics company Scan Global Logistics, provides solutions allowing brands and businesses full integration with all the top online marketplaces and webshops including the opportunity to expand to new markets without heavy logistics or warehouse investments

In 2017, IC Group announced a new group strategy to create value for its portfolio companies through active ownership and independently operating its brands to maximise their value. The divestment of IC Logistics was in line with the strategy enabling its development and focus on the e-commerce and fashion industry


*Completed by the HCN Partners team when employed at Handelsbanken