- Business
- Fiskars Oyj Abp is a Finland-based consumer goods company that designs, manufactures and markets branded products for home, garden, outdoor and lifestyle applications. The company operates through four main segments: Vita, offering premium tableware, drinkware and interior products under brands including Iittala, Royal Copenhagen, Waterford and Wedgwood; Terra, providing gardening tools, watering equipment and outdoor products; Crea, encompassing scissors, crafting tools and cooking utensils under the Fiskars brand; and Other, covering professional tools and additional consumer goods like hunting and fishing equipment from Gerber. Fiskars Oyj Abp conducts global operations across approximately 29 countries with close to 450 stores and employs around 6,850 people worldwide.
Founded in 1649 and headquartered in Espoo, Finland, the company targets consumer and professional markets through retail, e-commerce and wholesale channels in Europe, North America and other regions.
In recent developments, Fiskars Oyj Abp completed the acquisition of Georg Jensen Investment Aps from Investcorp for an enterprise value of approximately EUR 150 million, strengthening its luxury design portfolio; the company maintains its 2025 guidance for improved EBIT amid strategic sourcing diversification to counter tariff impacts and productivity enhancements; it reported comparable net sales growth of 4.1% to EUR 259.3 million in Q3 2025, driven by volume increases and gross margin improvements; and ongoing share buyback programs include repurchases such as 21,877 shares in June 2025 and additional tranches in October 2025.