M&A Deal Summary

Flokk Acquires 9to5 Seating

On November 27, 2019, Flokk acquired furniture company 9to5 Seating

Acquisition Highlights
  • This is Flokk’s 5th transaction in the Furniture sector.
  • This is Flokk’s 1st transaction in the United States.
  • This is Flokk’s 1st transaction in California.

M&A Deal Summary
Date 2019-11-27
Target 9to5 Seating
Sector Furniture
Buyer(s) Flokk
Deal Type Add-on Acquisition

Target

9to5 Seating

Hawthorne, California, United States
9to5 Seating specializes in the design and production of office seating products tailored to meet the rigorous demands of today’s office environments in the US market. 9to5 Seating presents an extensive collection of executive, task, guest, conference, stool and lounge furniture. 9to5 Seating combines its state-of-the-art, in-house manufacturing systems with a commitment to continuous improvements in all phases of its operations. 9to5 Seating was founded in 2004 and is based in Hawthorne, California.

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Buyer(S) 1

Buyer

Flokk

Oslo, Norway
Category Company
Founded 2007
Sector Furniture
Employees1,897
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 5 of 7
Sector (Furniture) 5 of 7
Type (Add-on Acquisition) 5 of 7
State (California) 1 of 1
Country (United States) 1 of 2
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-28 Profim

Turek, Poland

Profim is a designer and manufacturer of products that meet the strictest standards in ergonomics, quality and design, setting the standards for healthy and effective office space. Over a quarter of a century the company has created nearly 100 lines of seating in cooperation with leading designers who specialise in office furniture. Profim is based in Turek, Poland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-07 Connection

Mirfield, United Kingdom

Connection designs and manufacture innovative commercial furniture that adapts to the ever-changing ways in which people effectively work and learn. The company provides a collection of dynamic furniture solutions that are agile, intuitive and support the working practices for all sorts of environments from complex office settings to large-scale education projects and everything in between. Connection was founded in 1997 and is based in Mirfield, United Kingdom.

Buy -
Mergr

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