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Advised the founders of Green Team Group in the sale to Adelis

Green Team Group was established in 1992 under the name Brdr. Majlands Planteskole and has since developed to focus primarily on production and sales of Christmas trees as well as a continuation of the nursery activities in Majland. The Group is headquartered in Sdr. Omme, Denmark and distributes its products through its own sales force directly to some of the largest retail chains in Europe. In 2013, Green Team Group generated revenue of DKK 247m and EBIT of DKK 152m

Adelis is a Nordic private equity fund with offices in Stockholm and Copenhagen. Adelis focuses on small and medium-sized Nordic companies and has an agnostic sector focus

With Adelis as its majority shareholder, Green Team Group will have access to expansion capital in the three-digit million range, allowing the Group to realise its target of more than doubling its sales of Christmas trees by 2020 through the strengthening of relations with retailers and further expansion into Eastern Europe


*Completed by the HCN Partners team when employed at Handelsbanken