Fiskars - Tender offer

Fiskars Corporation has completed the acquisition of WWRD and extended its portfolio with iconic luxury home and lifestyle brands

Fiskars Corporation   Stock Exchange Release    July 2, 2015 at 08:30 EET

Fiskars Corporation has completed the acquisition of WWRD and extended its
portfolio with iconic luxury home and lifestyle brands 

Fiskars Corporation, a leading consumer goods company, has completed the
acquisition of the WWRD group of companies from KPS Capital Partners, announced
on May 11, 2015. With the closing of the acquisition Fiskars Corporation
extends its portfolio with iconic luxury home and lifestyle brands, which
include Waterford, Wedgwood, Royal Doulton, Royal Albert and Rogaška. The
acquisition has been approved by the US antitrust authorities. 

“We welcome WWRD and its employees around the world to the Fiskars team. The
completion of the acquisition marks the first step in our joint journey, as the
two organizations start designing the future together,” said Kari Kauniskangas,
President and CEO of Fiskars Corporation. 

“The globally renowned brands, their centuries of heritage and the WWRD teams'
expertise will support Fiskars' growth strategy and goal of becoming a leading
global branded consumer goods company in the luxury and premium home and
lifestyle products market. The WWRD acquisition will also create a strong
presence for Fiskars in the U.S., and will further enhance the company's market
position in Europe and the Asia-Pacific region,” said Kauniskangas. 

Fiskars' three reporting segments continue to be Europe & Asia-Pacific,
Americas and Other. WWRD sales will be reported as part of the Living products
business unit as of July 1, 2015. Fiskars' outlook for 2015 published in the Q1
2015 interim report on April 30, 2015 does not take into account the impact of
the now completed acquisition on the company's net sales and operating profit
for 2015. Potential implications on Fiskars' outlook for 2015 will be announced
as soon as a reasoned estimate can be made. 



FISKARS CORPORATION

Kari Kauniskangas
President and CEO



Media and analyst contacts:
Head of Corporate Communications Maija Taimi, Fiskars Corporation, tel. +358
204 39 5031, communications@fiskars.com 

Media kit:
A media kit with additional information on Fiskars Group's and WWRD's brands as
well as press images and logos is available at www.fiskarsgroup.com/wwrd. 



Fiskars - celebrating centuries of pride, passion and design. Every day.
Established in 1649 as an ironworks in a small Finnish village, Fiskars has
grown to be a leading consumer goods company with globally recognized brands
including Fiskars, Iittala, Gerber, Wedgwood and Waterford. With iconic
products, strong brands and global ambitions, Fiskars' mission is to enrich
people's lives in home, garden and outdoor. Fiskars' products are available in
more than 100 countries and the company employs around 8,600 people in 30
countries. Fiskars is listed on Nasdaq Helsinki. www.fiskarsgroup.com

Attachments:

20150702 Fiskars completes the acquisition of WWRD_eng.pdf