Modella Capital Acquires Majority Stake in Flying Tiger
Modella Capital has acquired a majority stake in Flying Tiger Copenhagen, the international variety retailer known for its affordable homeware, stationery, and gifts. The deal, finalized this week, transfers ownership of the Danish-headquartered chain from its lending banks to the specialist retail investment firm. Financial terms were not disclosed.
The acquisition follows a period of restructuring and stabilization for Flying Tiger, which operates more than 1,100 stores across 44 countries, including approximately 80 in the United Kingdom. The company reported revenues of approximately 588 million in its most recent financial year. Modella Capital stated it will support the retailer's existing management team and its established growth strategy.
That strategy includes a significant international expansion, targeting the opening of more than 700 new franchise stores globally by 2030. Specific market entries are planned for Canada and El Salvador in June and July 2026. Flying Tiger, founded in Copenhagen in 1995, is recognized for its Scandinavian-inspired product range and distinctive maze-like store layouts.
Company leadership expressed optimism about the new partnership. Jens...