Fritz Hansen to acquire Skagerak.

Fritz Hansen, a furniture manufacturer, agreed to acquire Skagerak, a manufacturer of furniture and interior objects. Financial terms were not disclosed. “Skagerak and Fritz Hansen are a natural fit. Both are rooted in Nordic design traditions and responsible manufacturing and synonymous with furniture and interior design of the highest quality. With the acquisition of Skagerak we can now offer our customers, private and professional, a larger product offering whilst strengthening our business in our home market as well as internationally. Skagerak is a solid business, shaped from many of the same core values as Fritz Hansen. We are delighted to welcome Skagerak to the fold," Josef Kaiser, Fritz Hansen CEO.