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Bukowskis auction house is sold to oil magnates

Rumoured plan for Russian branch

Clemens Bomsdorf
30 April 2007
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Stockholm

Sweden’s largest auction house, Bukowskis, was sold in March to the Lundin family, one of Sweden’s richest families, for SEK250m ($36m). The family has plans to establish a branch in Russia. “[They have] been investing in Russia for a long time and have very good contacts there,” says Robert Eriksson, a spokesman for the Lundin family. The Lundin’s fortune derives from oil, gas and electricity.

Art marketRussiaAuction housesSwedenBukowskisLundin
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