Gabriel 150 years - Flipbook - Page 45
he was instrumental in encouraging some of
ric of pure, new wool as an area with greater
the PKA associated pension funds to purchase
potential. The niche market strategy had come
DKK ≥ million worth of Class B shares in Kjærs
of age.
Mølles Fabriker A/S. At the same time, the investment in Class A shares was increased from
Gabriel Boligtekstiler takes
over Kjærs Mølle
DKK ≤.∂ million to DKK ≥ million through the
sale of additional shares. The Gabriel family
owned a majority of the Class A shares, and the
Cooperation between the wholesaler in Frede-
remainder were owned by about ∂∞ employees.
ricia and the factory in Aalborg became more
Poul H. Lauritsen was elected to Kjærs Møl-
intensified in the following years. In February
le’s board of directors in ±∫π± to represent the
±∫π≥, the capital invested in Gabriel Boligtek-
pension funds. By that time, it had become
stiler was increased from DKK ∞.∫ million to
clear that Kjærs Mølle was no longer a compet-
DKK µ.∂ million. Two pension funds associated
itive manufacturer of material for the clothing
with PKA contributed DKK ∞.∫ million each.
industry, nor for the loosely woven goods sold
The private limited company was converted
to the Soviet Union. Instead, a decision was
into a corporation, and Poul H. Lauritsen
made to focus on high quality upholstery fab-
joined the board as the representative of the
pension funds.
The decision to merge Kjærs Mølle and Ga-
In the ±∫π∞s, Savak was unquestionably the
best-known Gabriel design. Shown here on classic
briel Boligtekstiler was made in the autumn of
furniture designed by Erik Jørgensen.
±∫π≥; Gabriel Boligtekstiler was to be the par-
1977-1985
46
