Swedish Private Equity Firm Sells Licorice Manufacturer to Chinese Investor

On August 15, 2025, the Swedish private equity firm Valedo announced the sale of its majority stake in Danish licorice manufacturer Lakrids by Bülow to the Chinese investment firm IDG Capital. This acquisition signifies a notable development in the food and beverage sector, particularly within the specialty confectionery market, as international interest in Scandinavian brands continues to grow.

Valedo has owned Lakrids by Bülow since 2016, showcasing the firm's commitment to bolstering the company's market position during its tenure. With the acquisition by IDG Capital, this strategic move highlights the increasing trend of cross-border investments in the food industry, as Asian investors capitalize on the premium branding associated with Scandinavian food products. The announcement of the deal was made in conjunction with a segment on Börsmorgon, emphasizing its significance in the context of ongoing investment trends.

This deal not only underscores the popularity of specialty confectionery but also reflects the dynamic investment climate between Europe and Asia, paving the way for future cross-border collaborations in the sector.

Valedo's exit from Lakrids by Bülow may reshape the company's operational strategy under new ownership, bringing in potential growth opportunities in Asian markets.