M&A Deal Summary

Flokk Acquires Stylex

On January 4, 2024, Flokk acquired furniture company Stylex

Acquisition Highlights
  • This is Flokk’s 4th transaction in the Furniture sector.
  • This is Flokk’s 1st transaction in the United States.
  • This is Flokk’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2024-01-04
Target Stylex
Sector Furniture
Buyer(s) Flokk
Deal Type Add-on Acquisition

Target

Stylex

Delanco, New Jersey, United States
website
Stylex creates enduring products that respond to the ways customers live and work, designs solutions for intentional and joyful living, and supports dynamic and social environments that will not only make customers’ lives better but the world a better place. Stylex was formed in 1956 and is based in Delanco, New Jersey.

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Buyer(S) 1

Buyer

Flokk

Oslo, Norway

website

Category Company
Founded 2007
Sector Furniture
Employees1,827
Revenue 1.0B NOK (2013)
DESCRIPTION

Flokk is a provider in the design, development, and production of workplace furniture in Europe. Flokk was founded in 2007 and is based in Oslo, Norway.

DEAL STATS #
Overall 4 of 4
Sector (Furniture) 4 of 4
Type (Add-on Acquisition) 4 of 4
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-14 Stoll Giroflex AG

Koblenz, Switzerland

Giroflex is the Swiss producer of perfectly structured, high quality and ergonomic swivel, conference and visitor chairs, seating, tailored to the human anatomy. Giroflex products are available around the world via branch sales offices in Germany, Belgium and the Netherlands as well as via international licensees and sales partners.

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