On March 2, 2017, State Drinks ApS, the company behind STATE – the balanced energy drink – announced the successful completion of a funding round. Following the launch of STATE in Denmark in 2015, the new investment will support further growth of the company including a Nordic expansion. The investment was supported by new investors Erik Skjærbæk, entrepreneur and shareholder in Parken Sport and Entertainment in Copenhagen, brothers Søren and Jesper Henriksen, and Anders Marcus, partner in Obton (investment management) as well as a majority of the existing shareholders including Danish football star Christian Eriksen and investment firm OTW Capital AB.
STATE is developed in a close cooperation with top-performing athletes, nutrition professionals and technical specialists in Denmark, with the objective to create the best performance enhancing product possible, by combining a high and lasting energy level with a stable blood glucose level and a mental balance throughout performances.
OTW Capital has today completed an investment in High-Performance Audio ApS together with a group of private investors. The investment targets the expansion of High-Performance Audio and its pioneering retail concept based on the growth opportunity in high-end audio driven by the increasing availability of high-resolution digital audio. The latter is derived from the rapid increase of wireless connectivity in recent years.
The Gecko Holdings group including the operational assets of the associated company Andawar AB, developers of world-class eco-tourism destinations in Myanmar as well as a portfolio holding of Over the Water Capital AB, have today been finally divested to a group of Burmese private investors. The buyers have acquired Gecko Holdings Ltd., incl. its subsidiaries, and all rights related to the development of luxury resorts on Kyun Philar, a paradise island in the Myeik Archipelago, located off the southwest coast of Myanmar.
The divestment implies a successful exit for Over the Water Capital, which has been an investor actively contributing to the considerable value growth of Gecko Holdings Ltd since 2013.
On May 3, State Drinks, the company behind STATE – the balanced energy drink – announced a partnership with the Danish football star Christian Eriksen as new ambassador for State Drinks.
STATE is developed in a close cooperation with top performing athletes, nutrition professionals and technical specialists in Denmark with the objective to create the best performance enhancing product possible by combining a high and lasting energy level with a stable blood glucose level and a mental balance throughout performances.
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Pathos, the Nordic e-tailer for premium household brands, has acquired the leading Danish brandshop designfund.dk from a North European publishing house. Pathos will continue the activities of designfund.dk and further enhance customer services and offerings. Pathos also plans for a geographic expansion of the successful solution.