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Designer kitchens give Industri Kapital eight times its money

Industri Kapital, the Nordic-based private equity firm, has sold its entire remaining holding in Nobia, a Swedish kitchen manufacturer, giving it around eight times its money over the life of the investment.

Industri Kapital's 25.4% stake in Stockholm-listed Nobia will have netted it around €118m ($150m) based on Wednesday's closing price of SKr78.

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