Dansk Design Invest completed the acquisition of Scandinavian Baby Products from The Friendship Group.

Dansk Design Invest, a growth equity investment firm, completed the acquisition of Scandinavian Baby Products, a Danish company that produces its own brand of quality, development-focused toys, from The Friendship Group, an organization dedicated to sustaining and maintaining active friendships among individuals. Financial terms were not disclosed. "Over the past many years, we have managed to develop a healthy business that, despite market challenges, has managed to grow revenue and create good results. Now we are taking the next big step on the growth journey by becoming part of the Dansk Design Invest platform, which, with its strong competencies and network, can help take the company to new heights together with us. We look forward to the collaboration and have big plans for the future," Christian Bendtsen, Scandinavian Baby Product CEO.