Rämsell advised the founders and external investors of Swith Nails in connection with their divestment of 31.2 per cent to Spiltan Invest

Rämsell advised the founders and external investors of Switch Nails AB in connection with thier divestment of 31.2 per cent of the shares to Spiltan Invest. The purchase price for the shares amounted to SEK 49.9 million.

Switch Nails has quickly become one of the leading players in press-on nails, a segment within the nail industry that has remained virtually unchanged for decades. Switch Nails has grown at a fast pace: in 2023, the company generated just over SEK 13 million in revenue, and in 2024 revenues had grown to SEK 56 million, both years with solid profitability.

For further information, please see Spiltan Invest’s press release.