Sweden
Hemtex AB is Nordens leading retail chain for home textiles, with over 160 stores across the region. Founded in 1973, the company has established itself as a market leader in functional home textiles with high quality and unique design at a good price. With a strong emphasis on textiles, Hemtex offers a wide range of home decor products, including curtains and cushions, all underpinned by a dedication to form and function.
Hemtex’s annual revenue in 2016 totaled 1,074 million kronor, with a EBIT of 5 million kronor. The company's headquarters are located in Sweden, with 136 stores in Sweden, 17 in Finland, and 5 in Estonia. In January 2017, Hemtex had 142 company-owned stores and 16 franchise-operated stores, reflecting a consistent presence in the market.
The latest investment in Hemtex was a Private Equity Round in January 2004, with Priveq as the investor. This sustained interest from investors underlines Hemtex’s potential for further growth and market expansion.
Hemtex’s dedication to textiles and its established position in the market make it an attractive investment opportunity within the retail industry, presenting prospects for continued success and market leadership in the future. With a solid foundation and a clear emphasis on quality and design, Hemtex is well-positioned for sustained growth in the retail sector.
