The investment by IDG Capital (“IDG”) is made in partnership with LAKRIDS BY BÜLOW’s (“LBB” or the “Company”) management to further support the Company’s continued international growth across Europe, Asia and the US. IDG has entered into an agreement, subject to customary regulatory approvals, to acquire a majority stake in LBB, the Danish premium confectionery
Valedo Partners Fund II AB (“Valedo”) has entered into a strategic partnership with Lakrids by Johan Bülow A/S (“Lakrids” or the “Company”), a fast-growing Danish premium liquorice brand. The investment is made alongside founder and CEO Johan Bülow as well as the members of the management team. After being founded in 2007, Lakrids has developed