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Mestergruppen Sweden acquires Colorama after bankruptcy

Another Swedish paint dealer has gone bankrupt. Earlier this month, one of Colorama's franchisees - namely Färghuset in Flen - went bankrupt. This after suffering losses for several years. This brings the number of Colorama dealers who have applied for bankruptcy in the past six months to five.

Still, there has been a great interest among retailers in becoming franchisees for Colorama. Mestergruppen Sweden has therefore acquired Colorama in a move expected to bring great advantages to the paint industry.

Photo: Colorama.

Mia Malmros, acting CEO of Mestergruppen Sweden is quoted saying in ehandel that the group is happy to welcome Colorama to the family, and just like the group's other members and entrepreneurs, the team from Colorama possess great expertise, experience, and are passionate about doing that little extra for their customers every day.


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