20 July 1948 a new owner called Boris Frank took over the store and changed the name to Franks Ur & Optik. He ran the store for 42 years together with his son Bo Frank.
In 1998 the store was taken over by the current owner, Roger Lakhwani of Lakhwani Group. It´s a traditional family owned company in the watch trade since early 90’s.
The most interesting and unconventional thing to note: Franks Ur still has the same address and telephone number for more than 140 years!