Partner owned companies
Established in 2001, JFP has over the years developed a track record as an active owner of Scandinavian retail businesses, in particular in the textile and fashion areas.
Our current key holdings include Airport Retail Group (ARG), a leading Nordic operator of fashion and duty-free stores with presence in Sweden, Norway, Finland, Iceland and the UK. In 2010, ARG expanded into the department store segment through the acquisitions of a majority share of the retail operations at Steen & Strøm Magasin in Oslo. ARG also operates an outlet store in Norway.
In 2019 JFP acquired Vita, Norway´s leading cosmetic retail chain. This case was typical of our investment strategy – where a bankruptcy case with an attractive core was identified. After a restructuring phase, the chain is now
delivering solid profits and shows very attractive growth potential