Private Equity
OpenGate Capital to Acquire Jøtul GroupAcquisition of Premium Manufacturer of Branded Stoves and Fireplaces Specializing in Home Comfort Heating to be Complete by end of February LOS ANGELES & PARIS, February 12, 2018-- OpenGate Capital, a global private equity firm, announced today that it has signed an agreement to acquire Jøtul Group (“Jøtul”), a leading manufacturer of residential stoves and fireplaces, from Ratos AB (STO: RATO-B), a Swedish listed investment company. Closing is expected to occur by the end of February, after certain conditions precedent are satisfied.