Divested

Paul Brunngård is a distributor and brand owner of shoe accessories in the Nordics.

35

Years in the business

3000

Retailers in the Nordics

535

Km of shoe lace sold

Divested

Business Description

Paul Brunngård is a distributor and brand owner of shoe accessories in the Nordics and offers a wide assortment of shoe care products, socks, insoles, laces, anti-slip-protection and additional foot care products.

The company was established in 1983 in Sparsör in the south of Sweden by the Brunngård family. The head office is located in Viared, close to Gothenburg. Paul Brunngård also has a network of showrooms in Stockholm, Oslo and Helsinki.

The company owns, amongst other brands: Paul Brunngård, Springyard, 52bones and Shoe Shame. In addition, Paul Brunngård is also a distributor of, amongst other brands: Collonil, Ecco, Grangers and Pedag.

The Paul Brunngård company name was established in 2019. Prior to this, the company operated under the Brunngård brand.

Company information

CompanyPaul Brunngård
Status Divested
IndustryRetail, distribution and product development
Nalkas ownership50%
Investment year2014
Year of exit2020
HQBorås, Sweden
Turnover 2019SEK 129m
Employees35
Websitewww.brunngard.se
CEOActing CEO, Paul Brunngård

Investment Rationale

Paul Brunngård has a strong position within distribution of shoe accessories in Sweden. The company has built long term relationships with many of the leading retailers in the Sweden as well as establishing a portfolio of proprietary brands such as Springyard, 52Bones and Shoe Shame.