Vinge has advised Finnish listed company Fiskars Group in connection with its acquisition of renowned Danish design company Georg Jensen for EUR 151.5 million from private equity firm Investcorp. Closing of the transaction is expected to take place in the beginning of Q4 2023, subject to customary closing conditions.
Georg Jensen is an iconic Danish design company, founded in 1904, and is globally recognized for its pioneering craftsmanship and timeless design in jewelry, watches, silverware, homeware and more. Fiskars, Finland's oldest company, is known for manufacturing kitchenware and garden products, Fiskars also has a number of design brands in its portfolio, including the Danish porcelain company Royal Copenhagen. The acquisition of Georg Jensen is intended to strengthen Fiskars' portfolio of luxury brands and support Fiskars' global growth strategy. Vinge advised Fiskars alongside Accura in connection with the transaction.
Vinge's team consisted mainly of Magnus Hedsund, Sofie Nordgren and Niklas Törnell.
