Pitzner Gruppen Holding, a part of Axel Pitzner Fonden, have acquired a majority stake in the danish plastic-giant Nordic Houseware Group. Pitzner Gruppen have acquired 60 % and the price is undisclosed. Nordic Houseware Group is the owner of Plast Team, who is a market leading plastic manufacturer, and ROOM Copenhagen, who is a brand extension specialist that work with LEGO among others.