”I am proud to welcome Royal Copenhagen to our portfolio of esteemed brands, renowned for their quality, design, longevity and rich heritages. Fiskars’ ambition in the Home business is to become a globally leading consumer goods company in Scandinavian design, and we are excited to bring together a unique dining offering consisting of Royal Copenhagen’s Danish hand-painted dining, Rörstrand’s elegant Swedish dining, Arabia’s Finnish homey dining, and Iittala’s contemporary design. Along with its world-class craftsmanship, Royal Copenhagen brings to Fiskars 30 years of valuable experience of operating in Asia, which will support our growth strategy outside the Nordic markets”, says Kari Kauniskangas, President and CEO of Fiskars.
“I look forward to building a successful future for Royal Copenhagen as a part of a strong family of highly regarded brands. In Fiskars, we will get an international and financially strong owner with its own deep roots in the Nordic design tradition – and respect for unique design traditions that are more than 360 years old. In other words, we will get an owner with both the experience and the capital to continue the very healthy development process and international expansion that Royal Copenhagen has already started”, says Mads Ryder, CEO of Royal Copenhagen.
Fiskars is a leading global supplier of consumer products for the home, garden and outdoors. The group has a strong portfolio of respected international brands, including Fiskars, Iittala and Gerber. Founded in 1649 and listed on NASDAQ OMX Helsinki, Fiskars is Finland’s oldest company. Fiskars recorded net sales of EUR 743 million in 2011 and employs some 3,400 people in over 20 countries.
Royal Copenhagen is the Scandinavian brand leader in hand-painted porcelain and ranks among the leading brands in Japan. The company is headquartered in Glostrup, Denmark and employs a total of 650 people located in Denmark, Japan, Thailand, and elsewhere. There are 12 Royal Copenhagen stores in Denmark, Japan and Korea, as well as outlets and 117 shops-in-shops in Denmark, Japan, Korea, Taiwan, Germany and USA. The company has production facilities in Denmark and Thailand.Back to transactions