Nine United completed the acquisition of Frandsen Group.

Nine United, a privately held family of companies, completed the acquisition of Frandsen Group, a Danish design company producing lamps, furniture and accessories for the retail segment and the global hospitality market. Financial terms were not disclosed. "Throughout the process, it was important to me to find a new owner for our companies who can see the huge potential in FRANDSEN GROUP and who is also able to create continued growth and take the Group’s companies to the next level. The aim was to ensure that FRANDSEN GROUP remains a progressive and competitive partner for the Group’s current and future customers and suppliers," Benny Frandsen, Frandsen Group Founder.