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…
