Morten Hummelmose

Morten Hummelmose
Title:
Partner, Copenhagen
Country:
Denmark

TIGER at a glance

Responsible Advisor: Morten Hummelmose

Fund: EQT VI

Entry: 2013

What does Tiger do?
Tiger is a “variety retailer” of value-for-money products with over 500 stores across 26 countries. Tiger’s products include home, toys, hobby, party, snacks, electronics, gadgets, fashion accessories and more.

Tiger’s growth: the figures
Under EQT’s ownership, Tiger has experienced yearly sales and EBITDA growth of around 50% and 45% respectively, with over 300 new stores opened across Europe, Japan and US.

What’s next?
Tiger expects to continue the strong growth trajectory, primarily driven by store openings in existing markets and expansion into selected new geographies.