Divestment of ferm LIVING (DK) by Vendis Capital (DK) to Maj Invest (DK) — Amount not disclosed

Carnegie acted as sole financial adviser to Vendis Capital and the founder of ferm LIVING in the sale of ferm LIVING to Maj Invest. ferm LIVING is a fast growing Scandinavian design brand with focus on accessories, furniture and lighting. Vendis Capital acquired ferm LIVING in 2015 and has successfully expanded the company’s product offering and international presence throughout its holding period. December 2020.