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Starting in the 17th century, Europeans were fascinated by the blue and white and white porcelain exported from China during the Ming and Qing dynasties, but Danes had to discover for themselves how to produce the "white gold" (white glaze) that they found so irresistible about porcelain.
In recent years, Royal Copenhagen acquired Georg Jensen in 1972, incorporated with Holmegaard Glass Factory in 1985, and finally Bing & Grøndahl in 1987. Royal Copenhagen was a part of a group of Scandinavian companies, Royal Scandinavia, together with Georg Jensen, and was owned by the Danish private equity fund, Axcel. Following Axcel's acquisition of Royal Scandinavia, Holmegaard Glasværk was sold in a MBO and a controlling interest in the Swedish glass works Orrefors Kosta Boda was sold to New Wave Group.