Acquisition of GUBI

Carnegie acted as exclusive financial adviser to Axcel

Founded in 1967, GUBI is today a leading Danish design and interior company selling high-end furniture, lighting and interior products to both private and professional clients. GUBI designs, develops and markets its products, which consists of several award-winning classics including the Beetle Chair, the GUBI Chair and the Bestlite Lamp. GUBI’s products are sold in leading online/offline retail stores and to professional clients worldwide.

Axcel V (‘Axcel’) has entered into an agreement to acquire a majority share in Gubi A/S (‘GUBI’) from its current majority shareholder, Jacob Gubi. The current management team and founder, who has been part of establishing the current operational platform, will remain with GUBI to further grow and expand GUBI’s position as a leading luxury and affordable luxury designer focusing on furniture and lighting products.

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