Dansani completed the acquisition of Iconic Nordic Rooms from CapMan.

Dansani, the Danish bathroom group, completed the acquisition of Iconic Nordic Rooms, a provider of shower solutions, from private equity fund CapMan. Financial terms were not disclosed. "INR is a perfect match for Dansani, and the two companies complement each other well, both with their ranges and market positions and with their corporate culture. Following the purchase, Dansani/INR will be a significant player in our product categories and primary markets. As a single unit, Dansani/INR will have the necessary strength to reinforce sales in our present markets and expand into new ones. I am extremely pleased that this purchase has been successful," Carsten Friis, Dansani CEO.