M&A Deal Summary

COTTA Collection Acquires Steinpol Central Services Sp. z o.o.

On March 20, 2019, COTTA Collection acquired furniture company Steinpol Central Services Sp. z o.o.

Acquisition Highlights
  • This is COTTA Collection’s 2nd transaction in the Furniture sector.
  • This is COTTA Collection’s 1st transaction in Poland.

M&A Deal Summary

Date 2019-03-20
Target Steinpol Central Services Sp. z o.o.
Sector Furniture
Buyer(s) COTTA Collection
Deal Type Add-on Acquisition

Target

Steinpol Central Services Sp. z o.o.

Rzepin, Poland
Steinpol Central Services Sp. z o.o. is a manufacturer of sofas and tv chairs. Steinpol utilizes innovative and modern manufacturing equipment to make products customized to individual customer requirements, marketed under the four recognized brands Sit & More, Polsteria, Poco and International. Steinpol Central Services Sp. z o.o. was founded in 1991 and is based in Rzepin, Poland.

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Buyer(S) 1

Buyer

COTTA Collection

Bendern, Liechtenstein

Category Company
Sector Furniture
Employees1,300
DESCRIPTION

COTTA Collection is a manufacturer of upholstered furniture for the segment “neue Mitte” and supplies retailers in 26 European countries. COTTA is characterized by a superior value-for-money ratio, short delivery times, high innovation rate, unique quality in this price segment, and a dedicated focus on customer and service orientation. Product development, purchasing, and sales and marketing are managed in Bendern (Liechtenstein) while the production of upholstered furniture is accomplished in Romania and Poland. In 2013 COTTA supplied approximately 400,000 upholstered suites with ca. 1,300 employees. COTTA Collection is based in Bendern, Liechtenstein.


DEAL STATS #
Overall 2 of 2
Sector: Furniture M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Poland M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-13 Sinkro d.o.o.

Istocna Ilidza, Bosnia and Herzegowina

Sinkro d.o.o. is a manufacturer of boxspring beds as well as upholstered beds, chairs and other furniture in Bosnia & Herzegovina.

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