Schouw & Co. has agreed to acquire a majority stake in Spectre, a family-owned B2B manufacturer of premium functional outdoor and sportswear apparel. Spectre operates production facilities in Vietnam and serves leading international brands, expecting revenue of around DKK 1.0 billion with an EBITDA margin of 15-17% in 2026. The transaction values Spectre at DKK 1.1 billion upfront on an enterprise value basis, with up to DKK 200 million contingent on future financial performance. The Klausen family will remain as minority investors and the existing management team will stay on. Closing is expected in the third quarter of 2026, after which Spectre will be fully consolidated into Schouw & Co.'s financial statements.
Schouw & Co.Schouw & Co. acquires majority stake in Spectre, a strategic M&A transaction.
Spectre is acquired at a valuation of DKK 1.1 billion with contingent earnout, providing liquidity and growth backing.