GLOBAL DEMAND FOR NORDIC DESIGN CONTINUES TO EXPAND , AND WITH F & H
GROUP ’ S CURRENT AND FUTURE BRANDS WE LOOK FORWARD TO BECOMING A BIGGER
PLAYER IN SEVERAL MARKETS
Knud Lomborg , CEO
SÖDAHL
MARGRETHE / ROSTI
ABOUT THUESEN JENSEN AS With its slogan ‘ Everything for the kitchen and table ’, Thuesen Jensen has been one of the leading suppliers in the Scandinavian industry since 1939 . The family business was founded by A . Thuesen Jensen and is now led by Jens Peter Thuesen Jensen . Quality has always been the key word for the more than 70 employees in Denmark , Norway , Sweden and Finland , and is also reflected in a number of high-end brands in the product portfolio , as well as in a large network and contact with brand manufacturers in France , Italy and Germany .
Jensen on the new company , and I ’ m proud that F & H has succeeded in joining a family with one of the most illustrious companies in the industry over many decades . Together we now have over 325 innovative employees who will strive each day to find the new trends and convert them into products that consumers will appreciate and which our retail customers will thus be keen to sell . Global demand for Nordic design continues to expand , and with F & H Group ’ s current and future brands we look forward to becoming a bigger player in several markets , says CEO Knud Lomborg . F & H Group A / S will be owned by the Thuesen Jensen family and by F & H Holding A / S respectively . F & H Holding A / S becomes the main shareholder and has the Norwegian Canica AS and the family Stein Erik Hagen as the principal owner . The transaction is subject to approval by the relevant competition authorities , and is expected to be ready in the third quarter of 2018 .
ABOUT F & H A / S F & H A / S was founded in 1945 , and with a tripling of sales of 10 years is already Scandinavia ’ s largest brand house within Kitchen-Living-Dining . In total , more than 30 brands are traded , several of which are owned by F & H . In addition to the large Scandinavian sales set-up , F & H also has its own office and warehouse in China and innovation is the focal point of all contexts throughout the group .
ABOUT CANICA AS The majority shareholder of F & H Holding is the Norwegian family-owned group Canica , which since 2005 has been the owner of F & H A / S , and which also invests in a large number of other companies , including Orkla , which is the leading brand house within food products , among others . Canica has a significant financial strength , and as the ultimate principal owner of the new company F & H Group A / S , will be able to support the continued consolidation in the industry .
MODEBRANCHEN . | ISSUE NO 03 JUNE 2018 | 59