Solution International was relisted on Spotlight on April 24 with the aim of expanding internationally. This meant that the company was moved back from the observation list to Spotlight's regular list. The company was listed in the autumn through a reverse acquisition. - To achieve the same success in other markets as in the United Kingdom, we need external financing, says CEO and founder Mark McLoughlin to Finwire.The Netherlands is the first step in the expansion, and more markets will be added during the year.- We started with the Netherlands and have plans to grow into new countries through acquisitions this year, says Mark McLoughlin.The growth ambition is high in the short term.- I expect significant growth before the end of the year.The expansion is to take place both organically and through acquisitions. The focus is on baby brands with established distribution in channels where the company lacks a presence, for example in new geographies, with specific retailers or online platforms. The strategy is to combine more brands with broader international distribution.The experience from the Netherlands is being used in the continued expansion, where the focus is on building efficient local organizations with the right expertise in both channels and products.Presence in Sweden this yearSweden is one of the markets next in line, where the company plans to have a presence during the year. More countries are also expected to be added.At the same time, growth is expected to affect profitability in the short term, but the company emphasizes gradual expansion.- Growth often means a temporary burden on profitability, but we plan our expansion carefully to limit the effects.The market is also changing structurally, with sales shifting from physical retail to online. That is where the company is focusing its growth.Licensed products are an important complement to the offering. Due to royalty costs, these are sometimes slightly less profitable than the company's private label business, for example with Tesco and Sainsbury’s. At the same time, they have a different profile and are suitable for larger campaigns and certain distribution channels, says Mark McLoughlin.When could a new share issue become relevant?- We want to raise new capital as soon as we find interesting acquisitions at the right valuation. It is not tied to a specific point in time, but is driven by when we see the right opportunities, but my expectation is that it could become relevant later this year.How quickly is growth expected?- Our ambition is to show a clear upswing already in the short term. I expect significant growth before the end of the year, driven by both expansion into new markets and a broader portfolio.Which markets are prioritized?- We have already taken the step into the Netherlands and plan to establish ourselves in several new countries during the year. I cannot go into exactly which markets, but Sweden is one of them where we expect to have a presence during the year.What does your acquisition strategy look like in practice?- The strategy is to combine acquisitions of brands for our portfolio with increasing the international distribution of both these and our existing brands.How is profitability expected to be affected by the expansion?- Growth and expansion often mean some short-term impact on profitability. At the same time, we work to plan our launches and our geographic expansion step by step and carefully to limit the effects, Mark McLoughlin concludes.