Auctions

Bonhams Acquires Nordic Auction House Bukowskis

AuctionsJan 12, 2022

Bonhams Acquires Nordic Auction House Bukowskis

The acquisition will enhance its European footprint and increase its digital capabilities.

Bonhams has acquired Nordic auction house Bukowskis, which has offices across Sweden, Finland, and Denmark, including its flagship office in Stockholm, seen here.
London—Bonhams has announced its acquisition of leading Nordic auction house Bukowskis. 
 
Financial terms of the deal were not disclosed. 
 
Bukowskis was founded in 1870. Its flagship saleroom is in Stockholm, but it has five other offices across Sweden, Finland, and Denmark. 
 
Its digital platform attracts more than 1 million users a month, and last year the auction house sold 11 out of 15 of the most valuable artworks in Sweden, including setting the record for a Swedish artwork sold at auction. 
 
A Bonhams spokesperson said Bukowskis will remain with its headquarters in Sweden and under the leadership of CEO Louise Arén.
 
U.K.-based private equity firm Epiris acquired Bonhams in September 2018, and since then the auction house has seen an influx of investment into its digital strategy, marketing, and recruitment. 
 
Bonhams opened a saleroom in Paris last year to further its European presence. 
 
The Bukowskis acquisition will enhance that footprint and increase Bonhams’ digital capabilities. 
 
“Bukowskis has a renowned heritage. Bonhams’ acquisition of such a celebrated auction house is an important part of our strategy to further the development of Bonhams into a digital leader and a truly global player with a balanced presence across the U.S., Europe, and Asia. We are delighted to welcome Louise Arén and the entire Bukowskis team to the Bonhams family,” CEO Bruno Vinciguerra said. 

 Related stories will be right here … 
Brecken Branstratoris the senior editor, gemstones at National Jeweler, covering sourcing, pricing and other developments in the colored stone sector.

The Latest

CollectionsJan 21, 2022
Piece of the Week: Emily P. Wheeler’s Heart Necklace

It’s a whimsical update to a classic riviere.

SourcingJan 21, 2022
Stephen Lussier to Retire After 37 Years With De Beers

Tiffany executive Mark Jacheet will succeed Lussier, who officially steps down in April.

Recorded WebinarsJan 21, 2022
Watch: What the Industry Can Expect for Tucson 2022

National Jeweler chats with three colored stone dealers on recent buying activity and what that could mean for the upcoming gem shows.

Brought to you by
Melee the Show Launches Tucson Event, Returns to New York in 2022

The boutique tradeshow, happening first in Tucson then New York City, brings together upscale designers from around the world.

SourcingJan 21, 2022
HK Designs Named ‘Great Place to Work’

The Indian jewelry manufacturer joins Signet Jewelers, Target, and other companies who earned the certification.

Weekly QuizJan 21, 2022
This Week’s Quiz
Test your knowledge of the latest jewelry news with this quick test.
Take the Quiz
FinancialsJan 20, 2022
Signet Raises Guidance After Strong Holiday Sales

The jewelry giant’s holiday season revenue was up 30 percent year-over-year.

SourcingJan 20, 2022
Tara Pearls Is Ready to Unveil Its ‘Most Significant Acquisition’

With a retail price tag of $1 million, the special pearl will be unveiled at the upcoming Centurion show.

Brought to you by
Rare & Forever Can Help You Tell A New Story At The Counter And Close More Sales!

A.I. technology is revolutionizing the jewelry business through more accurate and consistent diamond grading.

MajorsJan 20, 2022
Robbins Brothers Eyeing Expansion, Adds New VP of Stores

CEO Marc Friedant discusses what’s next for the jewelry chain following management’s move to buy it back from a private equity firm.

×