Tilbords

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Tilbords - overview

Established

1854

Location

Oslo, -, Norway

Primary Industry

Retail

About

Tilbords is a prominent Norwegian retailer specializing in kitchen and home interior products, offering a wide selection of high-quality cookware, dining sets, and decor items designed to enhance everyday living and culinary experiences. Founded in 1854, Tilbords is based in Oslo, Norway, and operates as a retailer of kitchen and home interior products. The company was acquired by Kitch'n in November 2017, although financial terms were not disclosed. The current CEOs are Arpan Sharma and Odd Arnøy, leading the company into its next phase of growth.


Tilbords offers a diverse range of kitchenware and home decor, including cookware, kitchen appliances, and dining sets. The company caters to home cooks and design enthusiasts, providing products that enhance cooking, dining, and home aesthetics. Retail operations encompass both physical stores and online sales across Norway, with expansion into Sweden and Denmark. In the most recent fiscal year of 2023, Tilbords reported a revenue of USD 32.


12 mn with an EBITDA of USD -2. 81 mn, indicating the company’s current financial performance amidst its retail operations. Tilbords is focused on expanding its product offerings and entering new markets, specifically targeting further growth in Sweden and Denmark. Recent initiatives and product launches are in development to enhance their inventory.


The strategic acquisition by Kitch'n in November 2017 is expected to support these growth plans through shared resources and improved distribution networks.


Current Investors

Herkules Capital

Primary Industry

Retail

Sub Industries

Home Improvement & DIY

Website

www.tilbords.no

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Tilbords - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedTilbords-
Secondary BuyoutCompletedTilbords-
Add-onCompletedTilbords-
BuyoutCompletedTilbords-

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