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Fiskars
Fiskars Group (FSKRS, Nasdaq Helsinki) is the global home of design-driven brands for indoor and outdoor living. We are driven by our common purpose:...
Fiskars
Fiskars Group (FSKRS, Nasdaq Helsinki) is the global home of design-driven brands for indoor and outdoor living. We are driven by our common purpose: Pioneering design to make the everyday extraordinary. Since 1649, we have designed products of timeless, purposeful, and functional beauty, while driving innovation and sustainable growth. In 2025, Fiskars Group’s global net sales were EUR 1.1 billion and we had approximately 6,600 employees. Fiskars Group consists of two operationally independent Business Areas (BA): Business Area Vita and Business Area Fiskars. Business Area Vita offers products in the high-end homeware segment as well as fine branded jewelry. Its desirable brands include Georg Jensen, Royal Copenhagen, Wedgwood, Moomin Arabia, Iittala and Waterford. In 2025, BA Vita’s reported net sales were EUR 613 million, and it had approximately 5,000 employees. Business Area Fiskars offers functional innovations in the gardening and outdoor categories, in addition to the scissors and creating, as well as cooking categories. The brands include Fiskars and Gerber. In 2025, BA Fiskars’ net sales were EUR 522 million, and it had approximately 1,300 employees.
General information
Firm type
Corporate Investor
Year founded
1649
AUM
Undisclosed
Location
Region
Europe
Country
Finland
City
Espoo
Corporate office
Espoo, Finland
Principals
Paul Ehrnrooth
Chairman of the Board
Alexander Ehrnrooth
CEO of Virala Oy Ab, controlling shareholder
Sector focus
Frequently asked questions
Who controls Fiskars Group?
The Ehrnrooth family exerts control through Virala Oy Ab, the family's investment vehicle and largest shareholder. Alexander Ehrnrooth serves as CEO of Virala, while Paul Ehrnrooth chairs Fiskars Group's board. The firm is publicly listed in Helsinki, which imposes standard Nordic market governance and transparency requirements alongside the family's multi-generational oversight.
Does Fiskars operate as a family office or a corporate?
It is a publicly listed corporation with family control — a hybrid structure. The Ehrnrooth family's holding company Virala Oy Ab dominates the shareholder register, allowing the family to direct strategy while the listed entity provides access to public equity and debt markets. The investment function operates more like a corporate treasury than a standalone family office, allocating into private equity funds alongside the core operating business.
How does Fiskars invest outside its core brands?
The group maintains a private equity fund portfolio as part of its treasury allocation, committing to third-party buyout and growth funds globally. This is not a captive manager but a direct institutional-style allocation managed from the corporate balance sheet. The firm does not typically pursue direct co-investments or venture-stage deals outside its brand acquisition strategy.
What are Fiskars' main operating brands?
The portfolio centers on premium home, garden, and lifestyle brands including Fiskars (scissors, garden tools), Iittala (Finnish glassware and ceramics), Wedgwood (English china), Waterford (Irish crystal), Royal Doulton, and Georg Jensen (Danish silverware and jewelry). The group has actively consolidated in this space through acquisitions of WWRD in 2015 and Georg Jensen in 2020 (per the firm's official communications).
What real assets does Fiskars hold?
The group owns commercial property including its headquarters in Espoo, Finland, global manufacturing facilities, and the Fiskars Village campus in Raseborg — the original ironworks site now redeveloped as a mixed-use creative and cultural hub. The Fiskars Museum collection holds artifacts from the company's 375-year history. These assets sit on the corporate balance sheet alongside the brand portfolio.
Does the Ehrnrooth family maintain separate philanthropic structures?
Yes. The Family G.J. Ehrnrooth Foundation and the Louise & Göran Ehrnrooth Foundation operate as distinct philanthropic vehicles separate from the listed Fiskars Group. These foundations focus on cultural, educational, and social causes in Finland, consistent with Nordic family-corporate governance norms.
How does Fiskars source and execute brand acquisitions?
The group targets premium home and lifestyle brands with heritage positioning, typically acquiring full control. The WWRD deal in 2015 brought Waterford, Wedgwood, and Royal Doulton under one roof for approximately $437 million, while the Georg Jensen acquisition in 2020 added Danish design heritage. These are corporate M&A transactions executed by the listed entity, not fund investments, and the group manages the acquired brands as integrated operating divisions.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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