Portfolio

Investment Date

February 2018

Industry

Industrial

Transaction Type

Special Situation

Investment Status

Current, Fund I

Geography

Norway

Jøtul

Jøtul is a Norwegian limited company that manufactures cast iron stoves and fireplaces.

Highlights

  • Headquartered in Fredrikstad, Norway, the company has approximately 540 full-time employees.
  • Products include freestanding wood, gas and cast-iron stoves under the brand names Jøtul, Scan, Atra and Ild, which are sold in 45 countries across Europe, North America and Asia primarily through networks of exclusive and multi-brand specialty dealers.
  • Jøtul was founded in 1853 and is one of the most well-known and respected brands globally in the home comfort heating industry.