Polaris has divested its majority shareholding in Designers Company to Design Holding, facilitating the brand's growth in the global high-end design market.
Information on the Target
Designers Company has experienced remarkable growth since its acquisition by Polaris in 2018. The company, now recognized for its innovative high-quality design portfolio, includes brands such as MENU, The Audo, by Lassen, and Brdr. Petersen. Under Polaris's leadership, Designers Company has nearly tripled its revenue and earnings before interest, taxes, depreciation, and amortization (EBITDA), indicating a significant enhancement in its market position and operational efficiency.
This remarkable development is a testament to the effective partnership forged between Designers Company and Polaris, which has focused on fostering creativity and expanding the brand's reach within the high-end design market. The company is well-positioned for further growth and global recognition as it transitions to Design Holding's stewardship.
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Industry Overview in Denmark
The Danish design industry is renowned for its unique blend of form and function, characterized by minimalist aesthetics and a focus on craftsmanship. As a cornerstone of the Nordic design tradition, Denmark has been a
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Design Holding
invested in
Designers Company
in 2023
in a Buyout deal