Fritz Hansen has bought Danish furniture manufacturer Skagerak for an undisclosed sum, entering the outdoor furniture market.
It comes after Skagerak enjoyed its best financial results in 2020-2021 since its foundation in 1976, doubling sales.
‘My wife Vibeke and I are proud to have built a strong business which cares about the world we live in, particularly the people we work with. Skagerak stands for longevity and responsibility when it comes to design and aesthetics, ensuring the products we make will last for generations. We are very happy to become part of the Fritz Hansen family and a company with an outstanding reputation, a strong culture and a long-term perspective. We have found the perfect home for Skagerak,’ says Jesper Panduro, Skagerak owner and ceo.
‘Skagerak and Fritz Hansen are a natural fit. Both are rooted in Nordic design traditions and responsible manufacturing and synonymous with furniture and interior design of the highest quality. With the acquisition of Skagerak we can now offer our customers, private and professional, a larger product offering whilst strengthening our business in our home market as well as internationally. Skagerak is a solid business, shaped from many of the same core values as Fritz Hansen. We are delighted to welcome Skagerak to the fold,’ says Josef Kaiser, Fritz Hansen ceo.
