Lunawood is acquired by Accent Equity

Oaklins' team in Finland advises Capman on the sale of Lunawood to Accent Equity.


Funds managed by Capman, a leading Nordic investment company, and minority owners of Lunawood have sold Lunawood to funds managed by Accent Equity.

We are pleased to have sold Lunawood to Accent Equity Partners after a period of strong growth during our ownership. Oaklins' team in Finland did a great job in supporting both the owner and the management throughout the competitive sales process. Through a broad sale process Oaklins was able to find the right buyer to support Lunawood’s continued growth. Anders Holmén, CAPMAN, Finland

Lunawood is one of the pioneers in thermally modified timber (TMT) and has developed into the leading global player in softwood Thermowood. TMT is a much more sustainable alternative to traditional wood products, such as impregnated wood and tropical hardwood, and an excellent choice for decorative surfaces. Lunawood’s products, sold in 50 countries, are primarily used for cladding and facades but also for decking, landscaping and interior design. Under the ownership of CapMan’s funds, the company’s revenues have grown annually by 13.6% (average annual growth rate) since 2010 and now amount to approximately EUR 50 million. Accent Equity will support the company’s ambition for continued international growth, both organically and through add-on acquisitions.

Oaklins’ global reach and deep industrial expertise in the building materials sector was incremental in providing all the needed support to Lunawood’s private equity owner throughout the successful exit process.

For further information, please contact

Claes von heiroth 0
Claes von Heiroth Helsinki, Finland
Managing Partner
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Alpo luostarinen
Alpo Luostarinen Helsinki, Finland
Associate Director
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Oaklins Building Materials Specialist

Brian livingston 0
Brian Livingston London, United Kingdom
Managing Director
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