Divestment·14 November 2025

Brands Group and Cebon Group join forces for the next phase of growth

TransEquity Network has sold its majority stake in Brands Group as part of a strategic combination with Sweden-based Cebon Group. Together, they form a broader European group with complementary expertise, product portfolios and market positions.

Flags at the Brands Group office

Two distributors, one European group

Brands Group distributes batteries and lighting solutions, with operations in the Benelux and DACH regions, among others. The company also develops and sells products under its own brands and jointly developed the consumer brand Aqiila with Cebon.

Headquartered in Gothenburg, Cebon Group is a European distributor of consumer and industrial batteries and safety products. The company operates across several European markets, serving both business and consumer customers.

Brands Group

Benelux and DACH regions

Key strengths

Consumer sales through retail and direct-to-consumer channels (B2C and D2C), as well as the development of proprietary brands.

Cebon Group

Gothenburg, operating across Europe

Key strengths

Business and industrial market segments, offering batteries and safety products to B2B and consumer customers.

Complementary expertise and market positions

Brands and Cebon have known each other for some time and already collaborate through Aqiila, among other initiatives. The combination brings together their expertise, product portfolios and commercial strengths within a broader European group.

By joining forces, the companies create an organisation with wider geographic reach, a broader product offering and complementary expertise across sales channels and market segments. This provides a strong foundation for expanding existing operations and pursuing new growth opportunities together.

  • 01Wider geographic reach
  • 02Broader product offering
  • 03Expertise across more channels and segments
Remains involved

Following the transaction, TransEquity Network remains involved as a minority shareholder in Cebon Group, supporting the continued development of the combined business.

About Brands Group

Brands Group distributes batteries, energy products and lighting solutions across several European markets. It combines the distribution of international brands with the development and sale of proprietary products and has extensive expertise in consumer sales channels.

www.brandsgroup.com

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