“Delta is a fantastic company that we have followed for many years. We see very good growth potential for the business going forward, both in the toy market and in other markets where the company’s expertise can be applied. We have great confidence in Delta’s management, former owners and staff and look forward to contributing together with them to Delta’s future development”, comments Johanna Björkner Pernvik, Investment Manager at Pamica.
Current owners and management will remain in the same positions and continue to run the company in the same way as today, under the leadership of CEO Staffan Thuresson.
“Through the transaction, Delta has gained a strong, long-term owner in the form of the Pamica Group, who will help develop the company further. We get access to a unique network and competence and resources to build an even stronger and better Delta through active board work and new perspectives on our business and our future possibilities”, comments Staffan Thuresson.
Facts about Delta of Sweden
Delta of Sweden was founded in 1997 with a vision to bring the joy and play in the sand on the beach indoors. Through several in-house developed technologies, Delta of Sweden has created materials that has had great commercial impact. These products have also been shown to have good therapeutic properties. Today, Delta of Sweden is a market-leading materials technology company with a large portfolio of developed materials. New unique materials and product concepts are refined and developed continuously, often in close collaboration with existing and new customers.
By working with licensees, Delta of Sweden focuses on innovation, production and packaging. By handling the central part of the value chain, Delta of Sweden retains control over the entire production process and the technologies used. The model leads to short lead times between innovation and production of new prototypes, while maintaining control over know-how.
The final products are sold under the licensees’ brands and are sent from Delta of Sweden as prepackaged products or as bulk products, for final packaging with accessories at the customer’s premises, to licensees and distributors around the world.