Norwegian grocery wholesaler NorgesGruppen acquired the remaining 40 per cent stake.
Validus operates companies and brands in the health food and duty-free personal care spaces.
It owns 51.62 percent of shares in personal care company Bringwell and FSN said it is due to commence a mandatory offer to all shareholders of Bringthe companywell, which is listed on the NASDAQ OMX First North.
Since 2000, FSN has invested more than €330m in over 40 transactions. The firm currently has two active funds, FSN Capital II (€151m) and FSN Capital III (€ 375m). its €54 m first fund was realised in 2007.
Earlier this year the firm acquired Troax Group from lower mid-market firm Accent Equity Partners.
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