COBALT advised the Jersey-based fund Scope Growth III L.P. on acquiring the lingerie brand Miss Mary of Sweden.
Miss Mary offers world-class quality lingerie. The company differs from other lingerie manufacturers by keeping the entire product life-cycle inside the company. The company was founded in 1957 in Borås, Sweden, where the design team, atelier and sample sewing department are located to this day. The products are primarily manufactured in Tallinn, Estonia.
The Scope Funds invest in Nordic growth opportunities, partnering with organisations with a proven value added and a differentiated value proposition to create sustainable, growing companies. Scope manages two funds with a combined capital of 200 million euros.
Our work comprised advising the client in all M&A and financing aspects regarding the Estonian jurisdiction. The client was advised by partners Martin Simovart and Marina Kotkas, specialist counsel Jesse Kivisaari and senior associates Heleri Tammiste and Mattias Tammeaid.