It was announced this week that Stelton has completed the acquisition Danish ceramic company Knabstrup Keramik.
Knabstrup Keramik was fully integrated into the Stelton company as of 1 May.
Knabstrup Keramik has experienced positive sales growth in recent years and will now benefit from Stelton’s international organisational setup to accelerate its growth. Karsten Madsen, CEO of Knabstrup Keramik, stated: “Inflation and especially high shipping costs have been a big challenge for our industry. We found a solution that was attractive to both parties. Additionally, I look forward to joining Stelton A/S’ board of directors and thus also following the development of Knabstrup Keramik in the future.”
Michael Knudsen from Knabstrup Keramik will join Stelton’s management team as marketing director of Stelton A/S.
“Ceramics have had fantastic development in recent years,” says Stelton’s CEO Michael Ring. “Many new names have emerged, and many have also fallen, but Knabstrup Keramik still builds on the history of the old arts and crafts industry, which gives them great potential and relevance in the market.”
About Knabstrup Keramik…
Knabstrup Keramik is a Danish ceramic manufacturer founded in the 19th century, known for its unique and colorful ceramic products. With a long tradition of quality craftsmanship and innovative design, Knabstrup Keramik has become an iconic player in Danish ceramics and is sought after by collectors and ceramic enthusiasts worldwide.
