Press releases

Press Release 30 March 2007

Wood burning stove wins international prize for design Norwegian Jøtul ranks in the international design world’s top division together with Porsche and Prada. The wood-burning stove, Jøtul F 373, is the first Norwegian product to have won the renowned ‘red dot’ award: best of the best.

“It’s great that we are the first Norwegian winners of this prestigious prize.

The Jøtul F 370 concept is designed as modern and exclusive furniture with particular appeal for women. Women are the major decision makers when it comes to purchases for the home. This prize proves once again that we have got it right,” says Erik Moe, Jøtul’s President & CEO.

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Press Release 14 June 2006

Ratos new main owner of Jøtul

Ratos is acquiring 62.5% of the Norwegian wood burning stove and fireplace manufacturer Jøtul
Ratos's investment amounts to approximately NOK 235m
Jøtul's previous main owner, Accent Equity, will stay on with a 22.5% stake in the company
Jøtul, which is Scandinavia's leading manufacturer of wood-burning stoves, reported pro forma EBITDA of NOK 90m in 2005 on sales of approximately NOK 775m

Established in 1853, Jøtul has shown strong growth during the past ten years, with average annual sales growth of 10%. The company's products are sold around the world, primarily through specialty stores, but in some markets also through the do-it-yourself trade. Jøtul's market share in Scandinavia is roughly 25%, while its global market share is just under 10%. The company has production plants in Norway, Denmark, the USA and France. In all, Jøtul has 740 employees in six countries.

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		Home > Press releases Print Press Release 30 March 2007 Wood burning stove wins international prize for design Norwegian Jøtul ranks in the international design world’s top division together with Porsche and Prada. The wood-burning stove, Jøtul F 373, is the first Norwegian product to have won the renowned ‘red dot’ award: best of the best. “It’s great that we are the first Norwegian winners of this prestigious prize. The Jøtul F 370 concept is designed as modern and exclusive furniture with particular appeal for women. Women are the major decision makers when it comes to purchases for the home. This prize proves once again that we have got it right,” says Erik Moe, Jøtul’s President & CEO. Read the press release Press Release 14 June 2006 Ratos new main owner of Jøtul Ratos is acquiring 62.5% of the Norwegian wood burning stove and fireplace manufacturer Jøtul Ratos's investment amounts to approximately NOK 235m Jøtul's previous main owner, Accent Equity, will stay on with a 22.5% stake in the company Jøtul, which is Scandinavia's leading manufacturer of wood-burning stoves, reported pro forma EBITDA of NOK 90m in 2005 on sales of approximately NOK 775m Established in 1853, Jøtul has shown strong growth during the past ten years, with average annual sales growth of 10%. The company's products are sold around the world, primarily through specialty stores, but in some markets also through the do-it-yourself trade. Jøtul's market share in Scandinavia is roughly 25%, while its global market share is just under 10%. The company has production plants in Norway, Denmark, the USA and France. In all, Jøtul has 740 employees in six countries. Read the press release Read more about Ratos	Tools Brochures New products Press releases Jøtul I 80 Maxi Harmony with Canopy and optional matching curved plinth
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