Sparkle Roll, a China-based luxury goods dealership, has taken a 7.71% stake in Denmark-based audio and video company Bang & Olufsen along with A Capital, a Euro-China growth capital fund, for Dkr182m ($30m).

Andre Loesekrug-Pietri, chairman and managing partner of A Capital, has joined Bang & Olufsen’s (B&O) board.

Loesekrug-Pietri said:  “B&O is an iconic global brand with deep Danish and European roots, and has huge growth potential. Having initiated and led this transaction, we will now together with our…

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