Candles Scandinavia: founder collects all A-shares
Viktor Garmiani has acquired the remaining A-shares from three owners and now owns all 1,000,000 A-shares, which strengthens his long-term ownership commitment.
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Natural wax candle and reed diffuser manufacturer
candles.seLast updated
In short: Candles Scandinavia faced significant losses in its 2026 second quarter despite rising revenues and the acquisition of HashtagYou GmbH.
Viktor Garmiani has acquired the remaining A-shares from three owners and now owns all 1,000,000 A-shares, which strengthens his long-term ownership commitment.
The meeting is held in Örebro and includes decisions on the board, incentive programs, and cancellation of subscription options.
The CEO highlighted strong growth and positive cash flow in the shortened financial year, forecasting 2026 as the best year for profitability and cash flow.
The company reports revenues of SEK 314.2 million and EBITDA of SEK 12.3 million for the period, and acquires HashtagYou and strengthens production.
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