modebranchen.NU NU International June 2018 | Page 58

Article THUESEN JENSEN AND F&H JOIN FORCES INTERNATIONALLY Thuesen Jensen A /S and F&H A /S have established a new jointly owned holding company, F&H Group A /S. F&H Group A /S represents a large portfolio of Scandinavian and international brands. PILLIVUYT BY HELLE MATHIESEN Both Danish companies will continue consolidation that has taken place in the while retaining our own DNA, culture and also continue with Jens Peter Thuesen sing behaviour which are leading to greater Ambition to intensify exports unchanged as independent companies in Glostrup and Viborg respectively, and will Jensen and Knud Lomborg as CEOs of the two companies. The involved parties underline that the two companies stay totally separate with each of their individualities. The individuality together with the new financial strength is the essential idea behind the new company. Consequently, the new company structure will have no impact on the employees of the two companies. This also means that contacts and sales executives, etc. in the two companies will not change in terms of customer and supplier cooperation. This cooperation comes as a result of the 58 | ISSUE NO 03 JUNE 2018 | MODEBRANCHEN. industry in recent years and the major structural changes in consumer purcha- demands on the entire value chain – chal- passion for the very best of the industry, says CEO Jens Peter Thuesen Jensen. lenges that the parties consider best met as The new jointly owned company F&H mily-owned companies with a large con- becomes a significant player in the home united in a strong common set-up. - Thuesen Jensen and Canica are both fa- formity in values and long-term strategy. At Thuesen Jensen, we are facing a genera- tional handover in the coming years, and the family is very pleased that Frederikke Thuesen Jensen is currently ready to join the company when the time is ripe. The generational handover has been strengthe- ned by this cooperation, and I am pleased that we will be part of something larger, Group A/S represents a portfolio of fine Scandinavian and international brands. It interior, kitchenware, tabletop and SDA business - not only in the current markets in Denmark, Norway, Sweden and Finland, but also with a clear ambition to intensify efforts on exports to several other markets both within and outside Europe – including to the Baltic states. - It’s been a good and constructive process to collaborate with Jens Peter Thuesen