Transaction

Clearwater has advised by Lassen on its sale to Buurskov & Lassen Maskinfabrik

Transaction

by Lassen ApS sold to Buurskov & Lassen Maskinfabrik ApS

Sell-side

Undisclosed

Role

Adviser to by Lassen ApS on its sale to Buurskov & Lassen Maskinfabrik ApS

Sector

Consumer

Region

Denmark

Clearwater has advised the owners of the Danish design company by Lassen ApS (by Lassen), on its sale to Buurskov & Lassen Maskinfabrik ApS, the main manufacturer of by Lassen products. Buurskov & Lassen Maskinfabrik is owned by Søren Lassen, who is also co-owner of by Lassen, and a member of the Lassen family.

by Lassen develops and sells high quality accessories and furniture, and the product portfolio includes by Lassen’s own designs and numerous iconic pieces such as Kubus (candle holder) and The Tired Man (easy chair) designed by the acknowledged architect brothers Mogens and Flemming Lassen. Under the management of Peter Østerberg and Nadia Lassen, by Lassen has experienced significant growth and has a presence in 38 countries – Scandinavia and Germany being the core markets. by Lassen has based its success on a combination of award-winning designs and good craftsmanship, and has achieved impressive growth driven by international expansion, as well as successful product launches.

This is the third design transaction we have completed in the last 18 months, together with the sale of Lightyears to Fritz Hansen, and the sale of &tradition to HAY and Anders Holch. The by Lassen sales process once again confirms the significant strategic and financial interest we currently experience in well-established Scandinavian and particularly Danish design companies.

Andreas Lauth, Partner, Clearwater

Advisers

Transactions