2M2 Group

Bastad, Sweden Founded: 2005 • Age: 21 yrs Acquired By Storskogen
Home decor products are sold via an online platform.
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About 2M2 Group

2M2 Group is a company based in Bastad (Sweden) founded in 2005 was acquired by Storskogen in December 2021.. 2M2 Group offers products and services including Interior Products, Planting Supplies, Pots, Vases, and Festive Decorations. 2M2 Group operates in a competitive market with competitors including Hem, Jotex, Renskalla, Prettypegs and The Straw, among others.

  • Headquarter Bastad, Sweden
  • Sectors
    Consumer
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name 2M2 Group Ab
Operational Areas
Consumer → Beauty, Personal & Household Care
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Storskogen

    (Dec 08, 2021)

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Products & Services of 2M2 Group

2M2 Group offers a comprehensive portfolio of products and services, including Interior Products, Planting Supplies, Pots, Vases, and Festive Decorations. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Collection for transforming homes with stylish accents

Essentials for planting and garden maintenance

Versatile containers for indoor and outdoor plants

Decorative items for floral and holiday arrangements

Items for holidays and special events

Funding Insights of 2M2 Group

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in 2M2 Group

2M2 Group has secured backing from 1 investor. Prominent investors backing the company include Storskogen. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Conglomerate firm aimed at industrial and logistics business areas
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by 2M2 Group

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - 2M2 Group

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

2M2 Group Comparisons

Employees
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Competitors of 2M2 Group

2M2 Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hem, Jotex, Renskalla, Prettypegs and The Straw, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Internet-first brand of multi-category home improvement products
domain founded_year HQ Location
Home furnishings and decor items are manufactured by Jotex.
domain founded_year HQ Location
Private label home improvement items are offered by Renskalla.
domain founded_year HQ Location
Furniture legs for IKEA
domain founded_year HQ Location
Provides sustainable interior design services and eco-friendly home furnishings online.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on 2M2 Group

Frequently Asked Questions about 2M2 Group

When was 2M2 Group founded?

2M2 Group was founded in 2005.

Where is 2M2 Group located?

2M2 Group is headquartered in Bastad, Sweden. It is registered at Bastad, Skane County, Sweden.

Who is the current CEO of 2M2 Group?

Carsten Johansen is the current CEO of 2M2 Group.

What does 2M2 Group do?

The company was founded in 2005 and is based in Bastad, Sweden. Operations focus on the home decor sector as an internet-first brand. Products are distributed primarily through the domain 2m2.se, targeting consumers in the e-commerce space. Leadership is provided by CEO Carsten Johansen. Activities center on sourcing and retailing decor items for residential use across European markets.

Who are the top competitors of 2M2 Group?

2M2 Group's top competitors include Hem, Renskalla and Jotex.

What products or services does 2M2 Group offer?

2M2 Group offers Interior Products, Planting Supplies, Pots, Vases, and Festive Decorations.

Who are 2M2 Group's investors?

2M2 Group has 1 investor. Key investors include Storskogen.

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