Louis Poulsen lamps return to Danish hands

Danish lighting manufacturer Louis Poulsen is once again under Danish ownership following its acquisition by Chr. Augustinus Fabrikker.

The Danish investment company purchased the design firm from the Italian company Flos. In a press release, Flos described Chr. Augustinus Fabrikker as the "ideal long-term owner" for Louis Poulsen.

"We believe that Chr. Augustinus Fabrikker is the ideal partner for Louis Poulsen due to the strong cultural value community and the long-term vision that will support the brand's continued development and success in the coming years, while preserving its unique heritage," the statement read.

Chr. Augustinus Fabrikker, the investment arm of the Augustinus Foundation, aims to invest in Danish companies alongside generating returns for the foundation's capital. Its portfolio includes stakes in companies like Fritz Hansen and Skodsborg Kurhotel, as well as significant shareholdings in Gyldendal, Tivoli, and Jeudan.

Louis Poulsen, with over 150 years of history, is renowned for producing iconic designs such as Poul Henningsen's PH lamp and Verner Panton's Pantella lamp. The company is based in Copenhagen.