Strategic Value Partners, LLC, a global alternative investment firm with approximately $19 billion of assets under management, and Bjelin Group announced the signing of an agreement whereby funds managed by SVP will make a €200 million preferred equity investment in Bjelin Group to facilitate its long-term growth ambitions.
Bjelin Group AB is fully owned by the Pervan family and its assets comprise a 51% ownership stake in Välinge Group, and a 100% ownership stake in Bjelin Industries. 49% of the shares of Välinge Group are owned by KIRKBI Invest A/S and Välinge Group management.