In November 2021, PCP provided a five-year senior secured loan facility to Aarke, a Swedish manufacturer of premium carbonators and home appliance accessories for the consumer market. Aarke is a globally recognized brand that combines quality products, premium materials and a unique design coupled with a clear focus on sustainability.
Aarke was founded in 2013 by industrial designers Carl Ljungh and Jonas Groth with a focus on design and development of home appliances from premium materials engineered for the everyday use. The first product, the Aarke Carbonator, was launched in December 2016 after four years of development. The Company has since then expanded their product range within the carbonated water market still with a strong focus on design and quality engineering.
David Ullenius, Managing Director at PCP: “Aarke´s rapid growth is a testament to its consumer appeal, which has been further demonstrated during the pandemic. We are very glad to initiate a relationship with the Company, the founders and Altor, who has been an important partner to P Capital Partners for many years. PCP looks forward to work closely and grow our partnership with the management team and Altor in the coming years”.